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
Lampedusa
—
16.08.2019
Luxembourg to take migrants stranded off Italian coast
Space
—
14.08.2019
Luxembourg's commercial space sector keeps growing
Study
—
12.08.2019
Knowing your kid's friends helps prevent bullying, study finds
Luxembourg
—
12.08.2019
Tornado damage seen at tens of millions of euros
