Imports G&S in Luxembourg
Luxembourg - Imports Goods and ServicesSecond-quarter growth came in at 3.1% year-on-year, easing marginally from the first quarter’s downwardly-revised 3.2% outturn (previously reported: +5.1% year-on-year) on a pullback in domestic demand. Household spending took a breather but largely held up, in line with upbeat consumer sentiment and steady labor-market gains. Meanwhile, fixed investment suffered double-digit annual losses despite tight industrial capacity and corporate-tax breaks. In a nail-biter, on 14 October voters narrowly upheld the incumbent majority. Moreover, available third-quarter proxies suggest Xavier Bettel’s three-party coalition will preside over steady growth through the remainder of the year.
Luxembourg - Imports G&S Data
|Imports (G&S, annual variation in %)||5.1||14.6||7.1||2.1||3.9|
5 years of economic forecasts for more than 30 economic indicators.
|Exchange Rate||1.13||0.65 %||Nov 15|
|Stock Market||748||0.19 %||Nov 15|
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