After having experienced a slowdown with the recent sales season, inflation in Luxembourg is due to be less strong in the next few months, according to Statec. Currently, inflation has been near 2% for a year.
The increase in prices could see a new index set between October and December, which would consequently see the indexation of salaries occur.
As for 2020, Statec predicts a slightly weaker inflation of 1.7%, having taken the introduction of free public transport and a slowdown of the economic environment.
