Business Confidence in Luxembourg increased to 105 points in December from 100.30 points in November of 2019.

Business Confidence in Luxembourg averaged 101.10 points from 1985 until 2019, reaching an all time high of 123.50 points in April of 1995 and a record low of 74.70 points in December of 2008. This page provides - Luxembourg Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Luxembourg is expected to be 101.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Luxembourg to stand at 102.50 in 12 months time. In the long-term, the Luxembourg Business Confidence is projected to trend around 104.00 points in 2020, according to our econometric models.

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Luxembourg Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
105.00 100.30 123.50 74.70 1985 - 2019 points Monthly

Calendar GMT Actual Previous Consensus TEForecast
2019-09-27 09:00 AM Set 99.4 104.5 105
2019-11-28 10:00 AM Oct 100 99.4 99.6
2019-11-28 10:00 AM Nov 100.3 100 100
2020-01-08 10:00 AM Dec 105 100.3 99.6
2020-01-30 10:00 AM Jan 105 103.5

Luxembourg Business Confidence
In Luxembourg, the Business Climate Indicator measures the current situation of the businesses and its future prospects. The questionnaire focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator is computed through the estimation of a factor-model and summarizes the common information contained in the surveys. A rise in the indicator will point to an upswing in activity and an improvement in the business climate.