Annual inflation slows to 1.7% in May

Annual inflation slows to 1.7% in May

New figures from the Central Statistics Office show that the annual rate of inflation slowed to 1.7% in May from a rate of 2.2% in April.

Inflation eases slightly: STATEC predicts next wage indexation for Q2 2025

Luxembourg’s next wage indexation is expected in the second quarter of 2025, according to a new report from STATEC. The forecast comes as annual inflation edged down from 1.9% to 1.7%, despite a notable rise in consumer prices in February.