Consumer confidence up but money worries persist
Luxembourg consumer confidence recovered in July with household expectations and their ability to save money improving on the month before.
Luxembourg consumer confidence recovered in July with household expectations and their ability to save money improving on the month before.
The consumer confidence index reached 45, the highest point recorded since 2013 according to the Banque Central de Luxembourg.
Its survey with consumers found that households expectations when it comes to saving money improved.
Household expectations regarding the general economic situation in Luxembourg remained stable meanwhile fears over unemployment appear to be growing.
Meanwhile, respondents were less positive about their household situations over the coming 12 months than they were in June.
Click here to view the BCL report (in French)
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