What is the inflation rate in Luxembourg?
In May of 2022, the inflation rate of Luxembourg stood at 6.8 percent, indicating that the CPI (Consumer Price Index) in May of 2022 was 6.8 percent higher that in April of 2021.
When is the next indexation in Luxembourg?
Considering the significant recent inflation as well as the last two indexations which occurred on 1 October 2021 and 1 April 2022, it has been decided to postpone the next indexation, which was expected in mid-2022, in order to limit the excessive financial pressure on businesses in Luxembourg.
What is the inflation rate for 2022?
Similarly, the annual inflation rate for housing, water, electricity, gas and other fuels was noticeably high, reaching 9.7 percent in May of 2022. Get notified via email when this statistic is updated. You only have access to basic statistics.
What is the most important category in Luxembourg’s Consumer Price Index?
In Luxembourg, the most important category in the consumer price index is Transport (16.2 percent of total weight).