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Economy And The Numbers

Luxembourg Inflation Rises To 14-month High

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

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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