Consumer price inflation in Luxembourg edged higher in July to the highest level in more than a year, data from the statistical office showed on Wednesday.
The consumer price index rose 2.3 percent year-on-year in July, faster than the 2.2 percent increase in the prior month.
Further, this was the highest inflation since May 2024, when prices climbed 2.6 percent.
Prices for housing and utilities alone grew 5.3 percent annually in July, and those for food and non-alcoholic beverages were 2.6 percent more expensive. Transport charges increased only 0.33 percent, while communication costs fell by 1.6 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.