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)
Do not miss the news - sign up to receive the Wort newsletter in English delivered free to your inbox six days a week.
Editor's Picks
uncertainty
—
17.10.2019
Many loose ends for Luxembourg residents, business if no-deal Brexit
Rue de Strasbourg
—
12.10.2019
Protesters block Gare area to demand action over drug crime
Ecofin
—
10.10.2019
Italy, Sweden give early hint on new EU development bank
Response
—
09.10.2019
Parliament tears into Bettel over political programme
Huawei
—
09.10.2019
US dangles threat as Luxembourg moves ahead on 5G
