Imports G&S in Luxembourg

Luxembourg Imports G&S | Economic News & Forecasts

Luxembourg - Imports Goods and Services

Second-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

2013  2014  2015  2016  2017  
Imports (G&S, annual variation in %)5.1  14.6  7.1  2.1  3.9  

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Luxembourg Facts

Exchange Rate1.130.65 %Nov 15
Stock Market7480.19 %Nov 15

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