Producer prices in Luxembourg rose 15.5 percent year-on-year in January 2023, slowing from a 19 percent gain in the previous month. It was the lowest producer inflation since July 2021, as prices slowed at a faster pace for energy (35.8 percent vs 51.1 percent in December 2022) and intermediate goods (14.5 percent vs 18.6 percent). Meanwhile, costs accelerated for consumer goods (14 percent vs 12.7 percent) and capital goods (4.9 percent vs 3.5 percent). On a monthly basis, producer prices fell 1.4 percent, reversing a 0.4 percent rise a month earlier. source: STATEC, Luxembourg

Producer Prices Change in Luxembourg averaged 2.80 percent from 1981 until 2023, reaching an all time high of 32.80 percent in May of 2022 and a record low of -14.00 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 March of 2023.

Producer Prices Change in Luxembourg is expected to be 12.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Luxembourg Producer Prices Change

Calendar GMT Actual Previous Consensus TEForecast
2023-01-31 11:00 AM Dec 19% 20.3% 20.8%
2023-02-28 11:00 AM Jan 15.5% 19% 18.0%
2023-03-31 10:00 AM Feb 15.5%

Related Last Previous Unit Reference
Inflation Rate 4.30 4.80 percent Feb 2023
Consumer Price Index CPI 118.54 116.59 points Feb 2023
Harmonised Consumer Prices 120.45 118.78 points Feb 2023
GDP Deflator 129.07 124.41 points Dec 2022
Producer Prices 146.60 148.69 points Jan 2023
Food Inflation 13.09 11.79 percent Feb 2023
CPI Transportation 117.88 117.70 points Feb 2023
CPI Housing Utilities 120.10 120.27 points Feb 2023
Inflation Rate MoM 1.70 -0.40 percent Feb 2023
Producer Prices Change 15.50 19.00 percent Jan 2023

Luxembourg Producer Prices Change
Producer prices change refers to year over year change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.
Actual Previous Highest Lowest Dates Unit Frequency
15.50 19.00 32.80 -14.00 1981 - 2023 percent Monthly

News Stream
Luxembourg Producer Inflation at Near 1-1/2-Year Low
Producer price inflation in Luxembourg eased for the second straight month to 19% in December of 2022 from 20.3% in the prior month. It was the lowest reading since August 2021, amid a slowdown in costs of intermediate goods (18.6% vs 20.5% in November), consumer goods (12.7% vs 13.7%) and capital goods (3.5% vs 3.9%). On the other hand, energy prices rose faster (51.1% vs 49.4%). On a monthly basis, producer prices were up 0.4%, after a 1% decrease in the previous month.
Luxembourg Producer Inflation Steady at 22.3% in October
Producer prices in Luxembourg advanced 22.3 percent year-on-year in October of 2022, the same as in the previous month. A slowdown in the cost of consumer goods (11.9 percent vs 12.8 percent in September) and intermediate goods (24.7 percent vs 30.6 percent) was offset by higher prices of equipment goods (3.5 percent vs 3.1 percent). Meanwhile, energy inflation was steady at 46.5 percent. On a monthly basis, producer prices increased 1.1 percent, after a 1.5 percent fall in September.
Luxembourg Producer Inflation at Record-High
Luxembourg’s producer prices rose 32.4 percent year-on-year in May of 2022, the highest on record, and picking up from the upwardly revised 29 percent in the previous month. Costs rose the most for intermediate goods (49.8 percent), followed by energy (17.4 percent), consumer goods (5.7 percent), and equipment goods (3.1 percent). On a monthly basis, producer costs rose by 4.1 percent, easing from the 5.2 percent jump in the previous month.