Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing (Housing Excluding Imputed Rentals for Housing) for Luxembourg
Index 2015=100, Quarterly
LUXCPGRLH02IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.35
Year-over-Year Change
8.50%
Date Range
1/1/1995 - 1/1/2025
Summary
This quarterly index tracks Luxembourg's consumer price inflation, with 2015 as the base year. It's a key indicator for policymakers monitoring price stability and consumer purchasing power.
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 Luxembourg Consumer Price Index, Quarterly (2015=100) measures the average change over time in the prices paid by consumers for a basket of goods and services. It's a widely-used metric for assessing inflation and the cost of living in Luxembourg.
Methodology
This index is calculated by the Luxembourg statistical agency based on a survey of prices from a representative sample of retailers.
Historical Context
The index is closely watched by the European Central Bank and other economic analysts to inform monetary policy decisions.
Key Facts
- The base year for this index is 2015.
- It's published on a quarterly basis.
- The index reflects changes in a fixed basket of consumer goods and services.
FAQs
Q: What does this economic trend measure?
A: This index tracks changes in the prices paid by consumers for a representative basket of goods and services in Luxembourg, with 2015 as the base year.
Q: Why is this trend relevant for users or analysts?
A: The Luxembourg Consumer Price Index is a key metric for assessing inflation and the cost of living, which is crucial information for policymakers, businesses, and consumers.
Q: How is this data collected or calculated?
A: The index is calculated by the Luxembourg statistical agency based on a survey of prices from a representative sample of retailers.
Q: How is this trend used in economic policy?
A: The Luxembourg CPI is closely monitored by the European Central Bank and other analysts to inform monetary policy decisions and assess inflationary pressures.
Q: Are there update delays or limitations?
A: The index is published on a quarterly basis, with a potential delay of several weeks between the end of the quarter and the release of the data.
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Citation
U.S. Federal Reserve, Index 2015=100, Quarterly (LUXCPGRLH02IXOBQ), retrieved from FRED.