Inflation Luxembourg 2017
Average inflation: 1.7%
Current Inflation
Inflation is low at 1.7%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in August at 2.0%. The lowest inflation was in December at 1.4%.
- Highest month
- August: 2.0%
- Lowest month
- December: 1.4%
- Difference
- 0.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food and non-alcoholic beverages with an average of 2.8%. The lowest price increase was in Communication with an average of -2.6%.
- Highest increase
- Food and non-alcoholic beverages: 2.8%
- Lowest increase
- Communication: -2.6%
Historical Context
Current inflation is 0.7% higher than the 5-year average of 1.0%.
- 5-year average
- 1%
- 10-year average
- 1.7%
- All-time high (2011)
- 3.4%
- All-time low (2016)
- 0.3%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by +1.4 percentage point.
- Change vs. previous year
- +1.4 percentage points
- Largest monthly swing
- July: +1.9 percentage points
ECB Target
Inflation is 0.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 1.7% | +1.2 |
| February | 1.8% | +1.6 |
| March | 1.7% | +1.6 |
| April | 1.9% | +1.8 |
| May | 1.7% | +1.7 |
| June | 1.5% | +1.5 |
| July | 1.9% | +1.9 |
| August | 2.0% | +1.8 |
| September | 1.8% | +1.4 |
| October | 1.9% | +1.4 |
| November | 1.5% | +1.0 |
| December | 1.4% | +0.3 |
| Average | 1.7% |
Data source
Data from OECD. Last updated: 13/01/2026.