The transportation sub-index of the CPI basket in Luxembourg increased to 105.18 points in December of 2019 from 104.82 points in November of 2019. CPI Transportation in Luxembourg averaged 101.79 points from 2015 until 2019, reaching an all time high of 105.40 points in August of 2019 and a record low of 98.21 points in February of 2016.
CPI Transportation in Luxembourg is expected to be 104.84 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate CPI Transportation in Luxembourg to stand at 106.50 in 12 months time. In the long-term, the Luxembourg CPI Transportation is projected to trend around 110.80 points in 2020, according to our econometric models.