Central Bank of LuxembourgTrust in the economy is growing again

RTL Today
According to the latest consumer report, people's confidence grew in March in comparison to the previous month.
© AFP

Households tend to view the economic situation in Luxembourg more favourably, even though they still have reservations about their own financial stability. Nevertheless, intentions for significant purchases have increased again in the last month.

The consumer-trust indicator, which is made up of four components, is currently 7.2 points above its February rate, which means it now levels the one from January. In March 2020, the rate first came down to -9, before dropping even further to -24 points.

PDF: Central Bank of Luxembourg press release (FR)

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