Producer prices in Luxembourg went up 1.5 percent year-on-year in February of 2021, rebounding from a downwardly revised 1.1 percent fall in the previous month. This was the highest increase in producer prices since last June, as costs rose at a faster pace for energy (3.0 percent vs 2.9 percent in January), intermediate goods (2.2 percent vs -1.2 percent), and equipment goods (0.2 percent vs 0.1 percent), while prices of consumer goods decreased at a slower pace (-0.9 percent vs -4.3 percent). On a monthly basis, producer inflation advanced to 3.4 percent from 2.5 percent in January. source: STATEC, Luxembourg
Producer Prices Change in Luxembourg averaged 1.98 percent from 1981 until 2021, reaching an all time high of 26.30 percent in April of 1982 and a record low of -14 percent in September of 2009. This page provides - Luxembourg Producer Prices Change- actual values, historical data, forecast, chart, statistics, economic calendar and news. Luxembourg Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.
Producer Prices Change in Luxembourg is expected to be -1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Luxembourg to stand at 1.80 in 12 months time. In the long-term, the Luxembourg Producer Prices Change is projected to trend around 1.80 percent in 2022 and 2.20 percent in 2023, according to our econometric models.