Consumer Confidence in Luxembourg increased to -10.30 points in June from -16.20 points in May of 2020.

Consumer Confidence in Luxembourg averaged -6.79 points from 2002 until 2020, reaching an all time high of 4 points in February of 2002 and a record low of -21.70 points in December of 2008. This page provides the latest reported value for - Luxembourg Consumer Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Luxembourg Consumer Confidence - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.

Consumer Confidence in Luxembourg is expected to be -14.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Luxembourg to stand at -9.00 in 12 months time. In the long-term, the Luxembourg Consumer Confidence is projected to trend around -7.00 points in 2021 and -4.00 points in 2022, according to our econometric models.

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Luxembourg Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
-10.30 -16.20 4.00 -21.70 2002 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-03-30 09:00 AM Mar -8.9 -2.8 -8
2020-04-29 09:00 AM Apr -19.7 -8.9 -12
2020-05-28 09:00 AM May -16.2 -19.7 -19
2020-06-29 09:00 AM Jun -10.3 -16.2 -14
2020-07-30 09:00 AM Jul -10.3
2020-08-28 09:00 AM Aug
2020-09-29 09:00 AM Sep -12
2020-10-29 10:00 AM Oct

Luxembourg Consumer Last Previous Highest Lowest Unit
Consumer Confidence -10.30 -16.20 4.00 -21.70 points [+]
Retail Sales Mom -12.00 -17.10 11.10 -66.00 percent [+]
Retail Sales Yoy 5.30 3.80 35.00 -75.70 percent [+]
Consumer Spending 3725.30 3931.00 3931.00 2154.70 EUR Million [+]
Personal Savings 21.41 21.50 21.50 14.40 percent [+]
Consumer Credit 1793.00 1781.00 1878.00 634.00 EUR Million [+]
Households Debt To GDP 66.10 66.40 66.40 37.40 percent of GDP [+]
Households Debt To Income 142.90 142.90 142.90 119.17 [+]
Bank Lending Rate 1.68 1.66 6.24 1.53 percent [+]
Gasoline Prices 1.28 1.26 1.85 0.75 USD/Liter [+]
Consumer Confidence Current Conditions 0.00 5.10 5.10 -54.60 [+]
Consumer Confidence Economic Expectations 2.60 5.60 6.40 -44.30 [+]
Consumer Confidence Financial Expectations 2.80 2.90 11.80 -9.40 [+]
Consumer Confidence Major Purchases Expectations -4.30 -14.20 -4.30 -32.70 [+]
Consumer Confidence Price Trends 9.10 10.00 44.10 -21.20 [+]
Consumer Confidence Savings Expectations 46.00 47.80 58.00 32.90 [+]
Consumer Confidence Unemployment Expectations -4.60 -10.00 75.20 -10.00 [+]


Luxembourg Consumer Confidence
In Luxembourg, the consumer confidence survey measures the level of optimism that consumers have about the performance of the economy. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend.