Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Luxembourg
Index 2015=100
LUXCPHP0404IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.54
Year-over-Year Change
5.65%
Date Range
1/1/1996 - 3/1/2025
Summary
The Index 2015=100 measures changes in the level of consumer prices for domestic purchases in Luxembourg. This key inflation indicator is closely watched by policymakers and economists to assess cost-of-living trends.
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 2015=100 tracks price movements for a broad basket of consumer goods and services in Luxembourg. It serves as a benchmark for monitoring price stability and informing monetary policy decisions by the European Central Bank.
Methodology
The index is calculated by the National Institute of Statistics and Economic Studies of the Grand Duchy of Luxembourg based on a monthly survey of consumer prices.
Historical Context
The Index 2015=100 is a critical input for evaluating economic conditions and the effectiveness of fiscal and monetary policies in the Eurozone.
Key Facts
- Base year is 2015 with an index value of 100.
- Covers over 300 consumer goods and services.
- Revised monthly by Luxembourg's national statistics agency.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100 measures changes in the overall price level for consumer purchases in Luxembourg. It is a key indicator of inflation.
Q: Why is this trend relevant for users or analysts?
A: The index is closely watched by policymakers, businesses, and consumers to assess cost-of-living pressures and inform economic decision-making.
Q: How is this data collected or calculated?
A: The index is calculated monthly by Luxembourg's national statistics agency based on a survey of consumer prices.
Q: How is this trend used in economic policy?
A: The Index 2015=100 is a critical input for the European Central Bank in setting monetary policy and evaluating price stability in the Eurozone.
Q: Are there update delays or limitations?
A: The index is published on a monthly basis with a short lag, providing timely data on inflationary trends.
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Citation
U.S. Federal Reserve, Index 2015=100 (LUXCPHP0404IXOBM), retrieved from FRED.