Consumer Price Index: All Items: Total for Luxembourg
Index source base, Quarterly
LUXCPALTT01IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.42
Year-over-Year Change
13.97%
Date Range
1/1/1960 - 10/1/2023
Summary
The Index source base, Quarterly trend measures the volume of total household consumption expenditure in Luxembourg on a quarterly basis. This metric is a key indicator of consumer demand and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Index source base, Quarterly series tracks the change in total household consumption spending in Luxembourg, adjusted for inflation and seasonal variations. This index is widely used by economists and policymakers to assess consumer confidence and broader economic conditions.
Methodology
The data is collected through surveys of household expenditures and calculated as a quarterly index.
Historical Context
Trends in the Index source base, Quarterly are closely monitored by the Central Bank of Luxembourg and the European Central Bank to inform monetary and fiscal policy decisions.
Key Facts
- The index is based on 2015 as the base year.
- Household consumption accounts for over 50% of Luxembourg's GDP.
- Quarterly data is published with a 2-month delay.
FAQs
Q: What does this economic trend measure?
A: The Index source base, Quarterly measures the volume of total household consumption expenditure in Luxembourg on a quarterly basis, adjusted for inflation and seasonality.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of consumer demand and overall economic activity in Luxembourg, which is closely watched by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of household expenditures and calculated as a quarterly index.
Q: How is this trend used in economic policy?
A: Trends in the Index source base, Quarterly are closely monitored by the Central Bank of Luxembourg and the European Central Bank to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: Quarterly data is published with a 2-month delay.
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Citation
U.S. Federal Reserve, Index source base, Quarterly (LUXCPALTT01IXNBQ), retrieved from FRED.