Luxembourg: inflation rate by sector 2023

In September of 2023, the inflation rate, measured here as the annual change in the Harmonised Index of Consumer Prices (HICP), reached 9.1 percent in the food and non-acoholic beverages sector when compared to the same month in the previous year. Similarly, the annual inflation rate for the recreation and culture sector was noticeably high, reaching 7.1 percent.

Inflation rate of Luxembourg in September 2023, by sector (HICP compared to same month in the previous year)

Characteristic	Annual rate of change of the HICP
Food and non-alcoholic beverages	9.1%
Recreation and culture	7.1%
Clothing and footwear	6.5%
Health	4.8%
Alcoholic beverages, tobacco and narcotics	4.7%
Furnishings, household equipment and routine household maintenance	4.1%
Restaurants and hotels	3.8%
All-items HICP	3.4%
Housing, water, electricity, gas and other fuels	2.8%
Miscellaneous goods and services	1.9%
Education	1.6%
Transport	-2.2%
Communications	-3.6%

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Release date

October 2023

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Region

Luxembourg

Survey time period

September 2023

Supplementary notes

The source adds: "The Harmonised Index of Consumer Prices (HICP) gives comparable measures of inflation for the countries and country groups for which it is produced. It is an economic indicator that measures the change over time of the prices of consumer goods and services acquired by households. In other words, it is a set of consumer price indices (CPIs) calculated according to a harmonised approach and a set of definitions as laid down in Regulations and Recommendations."

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