Inflation Luxembourg 2018

Average inflation: 1.5%

Current Inflation

Inflation is low at 1.5%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in November at 2.3%. The lowest inflation was in February at 1.0%.

Highest month
November: 2.3%
Lowest month
February: 1.0%
Difference
1.3 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Education with an average of 4.0%. The lowest price increase was in Communication with an average of -2.9%.

Highest increase
Education: 4.0%
Lowest increase
Communication: -2.9%

Historical Context

Current inflation is 0.6% higher than the 5-year average of 0.9%.

5-year average
0.9%
10-year average
1.5%
All-time high (2011)
3.4%
All-time low (2016)
0.3%

Trend

Inflation shows an upward trend. Compared to 2017, inflation has risen by -0.2 percentage point.

Change vs. previous year
-0.2 percentage points
Largest monthly swing
February: -0.8 percentage points

ECB Target

Inflation is 0.5% 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 €101.50 next year at this inflation rate.

Multi-year trend

Monthly figures 2018

Inflation by category

Food and non-alcoholic beverages
2.2%
+0.7vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
1.6%
+0.1vs avg.
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Clothing and footwear
0.7%
-0.8vs avg.
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Housing, water, electricity, gas and other fuels
3.2%
+1.7vs avg.
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Furnishings, household equipment and maintenance
0.8%
-0.7vs avg.
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Health
-0.8%
-2.3vs avg.
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Transport
2.1%
+0.6vs avg.
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Communication
-2.9%
-4.3vs avg.
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Recreation and culture
2.3%
+0.8vs avg.
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Education
4.0%
+2.5vs avg.
More details →
Restaurants and hotels
2.4%
+0.9vs avg.
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Miscellaneous goods and services
-0.3%
-1.8vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2017
January 1.1% -0.6
February 1.0% -0.8
March 1.1% -0.6
April 1.1% -0.8
May 1.3% -0.4
June 1.4% -0.1
July 1.5% -0.4
August 1.6% -0.4
September 2.0% +0.2
October 2.0% +0.1
November 2.3% +0.8
December 1.9% +0.5
Average 1.5%

Data source

Data from OECD. Last updated: 13/01/2026.

See also