Luxembourg: Services inflation
* indicates monthly or quarterly data series
The most recent value is 2.25 percent as of April 2026, a decline compared to the previous value of 2.46 percent. Historically, the average for Luxembourg from January 1996 to April 2026 is 2.38 percent. The minimum of 0.1 percent was recorded in June 2018, while the maximum of 4.8 percent was reached in August 2022.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: OECD
| Recent values | Luxembourg: Services inflation |
|---|---|
| 2026 Apr | 2.25 |
| 2026 Mar | 2.46 |
| 2026 Feb | 2.23 |
| 2026 Jan | 2.66 |
| 2025 Dec | 2.73 |
| 2025 Nov | 2.62 |
| 2025 Oct | 2.76 |
| 2025 Sep | 2.46 |
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Definition: Percent change in the inflation for services compared to the same month last year.
Services are dedined as activities normally provided for remuneration, specifically including activities of an industrial or commercial character, crafts, and professions.
The broad classification encompasses the vast majority of economic sectors that drive the European economy, including:
Professional Services: Legal/tax advising, architecture, engineering, and accounting.Business & Craft Services: Construction, recruitment, management consultancy, and IT programming.Consumer/Leisure Services: Tourism, travel agencies, hotels, restaurants, and sports centers.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 2.1 | 2024 | percent |
| Exchange rate regimes | 7 | 2023 | index points |
| USD exchange rate | 0.8695 | 6/2026 | Local Currency Units per USD |
| Money supply (broad money) | 404.71 | 12/2025 | billion |
| Consumer Price Index (CPI) | 103.9800 | 6/2026 | index points |
| Inflation, monthly | -0.47 | 6/2026 | percent |
| Inflation, annual | 3.74 | 6/2026 | percent |
| Food and beverages inflation | 2.40 | 4/2026 | percent |
| Alcohol and tobacco inflation | 3.23 | 4/2026 | percent |
| Energy price inflation | 17.69 | 4/2026 | percent |
| Transport services inflation | 6.28 | 4/2026 | percent |
| Services inflation | 2.25 | 4/2026 | percent |
| Information and communication inflation | -0.09 | 4/2026 | percent |
| Restaurant and accommodation services inflation | 3.33 | 4/2026 | percent |
| Health care inflation | 1.76 | 4/2026 | percent |
| Education services inflation | 6.17 | 5/2026 | percent |
| Clothing and footwear inflation | 0.04 | 5/2026 | percent |
| Housing inflation | 1.35 | 5/2026 | percent |
| Private sector credit | 70.75 | 12/2025 | billion |
| Business credit | 22.99 | 12/2025 | billion |
| Household credit | 47.76 | 12/2025 | billion |
| Mortgage credit | 42.74 | 12/2025 | billion |
| Consumer credit | 5.02 | 12/2025 | billion |
| Deposit interest rate | 1.60 | 12/2025 | percent |
| Business credit interest rate | 3.37 | 12/2025 | percent |
| Mortgage credit interest rate | 2.63 | 12/2025 | percent |
| Household debt to GDP | 61.20 | 12/2025 | percent |
| Bank deposits, total | 42.73 | 5/2026 | billion local currency units |