Luxembourg: energy inflation rate by commodity 2024

Liquid fuel price inflation in Luxembourg has seen a considerable rise since 2021, with the inflation rate peaking at 104.2 percent in June 2022. Meanwhile, electricity price inflation has remained relatively stable throughout the period of consideration. Energy commodities' HICP have seen a decrease in 2023 and 2024.

Harmonized index of consumer prices (HICP) energy inflation rate in Luxembourg from January 2019 to November 2024, by commodity

Characteristic	Energy	Gas	Liquid fuels	Electricity
Nov '24	-8.8%	-20.6%	-20.1%	0.1%
Oct '24	-11.5%	-15.8%	-25%	0.1%
Sep '24	-14.2%	-6.1%	-28.7%	0.1%
Aug '24	-7.5%	-6.1%	-16.4%	-0.1%
Jul '24	2.6%	-6.1%	7.2%	-0.1%
Jun '24	1.1%	-2.4%	4.1%	-0.1%
May '24	4.9%	-2.4%	11.3%	-0.1%
Apr '24	4.2%	-2.4%	6.9%	-0.1%
Mar '24	0.6%	0.2%	1.3%	-0.1%
Feb '24	0.4%	0.2%	5.3%	-0.1%
Jan '24	-5.2%	0.2%	-11.2%	-0.1%
Dec '23	-4.9%	-1.6%	-10.6%	0.2%
Nov '23	-10.2%	-1.6%	-20.1%	0.2%
Oct '23	-11.8%	-0.2%	-28.3%	0.2%
Sep '23	-3.8%	13.9%	-20.7%	0.2%
Aug '23	-3.8%	13.9%	-20.9%	0.3%
Jul '23	-15.4%	13.9%	-39.7%	0.3%
Jun '23	-19.8%	13.9%	-45%	0.3%
May '23	-15.8%	13.8%	-44.3%	0.3%
Apr '23	-11.1%	-8.8%	-32.8%	0.3%
Mar '23	-8.5%	-8.8%	-25.3%	0.3%
Feb '23	2%	-9.4%	-8.1%	0.3%
Jan '23	9.4%	-3.7%	10.4%	6.4%
Dec'22	15.5%	17.9%	23.4%	2.6%
Nov'22	21.8%	18.2%	39.1%	2.6%
Oct'22	33.4%	37.7%	69.5%	2.6%
Sep'22	35.4%	42.5%	75.5%	2.6%
Aug '22	32.6%	42.5%	67.9%	2.6%
Jul '22	40.6%	42.6%	81.9%	2.6%
Jun '22	51.7%	47.2%	104.2%	2.6%
May '22	43.9%	47.2%	99.1%	2.6%
Apr '22	45.9%	83.7%	95.4%	2.6%
Mar '22	43.5%	87.4%	80.9%	2.6%
Feb '22	35.3%	88.7%	59.9%	2.6%
Jan '22	32.5%	79.7%	53.6%	-3.2%
Dec '21	34.3%	61.3%	64.3%	-0.2%
Nov '21	45%	60.9%	101.8%	-0.2%
Oct '21	38.5%	38.2%	91.5%	-0.2%
Sep '21	27.8%	17.6%	73.8%	-0.2%
Aug '21	23.5%	17.5%	55.5%	-0.2%
Jul '21	23.1%	12.2%	56.9%	-0.2%
Jun '21	24.2%	8.7%	66%	-0.2%
May '21	30.7%	8.7%	92.4%	-0.2%
Apr '21	24.5%	8.8%	60.6%	-0.2%
Mar '21	11.7%	-1.1%	28.2%	-0.2%
Feb '21	-0.1%	-1.2%	1.1%	-0.2%
Jan '21	-8.2%	-2.4%	-17.1%	-0.2%
Dec '20	-11%	-8.7%	-29.5%	9.8%
Nov '20	-13.5%	-8.7%	-37.7%	9.8%
Oct '20	-13.2%	-8.7%	-36.6%	9.8%
Sep '20	-12.9%	-8.7%	-37.3%	9.8%
Aug '20	-10.2%	-8.7%	-30.1%	9.8%
Jul '20	-10.4%	-4.4%	-30.7%	9.8%
Jun '20	-12.8%	-6%	-35.5%	9.8%
May '20	-21.9%	-6.1%	-51.2%	9.8%
Apr '20	-17.4%	-6.1%	-42.1%	9.8%
Mar '20	-6.5%	-5.2%	-25.3%	9.8%
Feb '20	2.7%	-5.1%	-7.6%	9.8%
Jan '20	9.9%	-5.1%	11.8%	9.8%
Dec '19	2.9%	-6.1%	2.6%	4.2%
Nov '19	-3%	-6.1%	-10.3%	4.2%
Oct '19	-4.1%	-4.6%	-12.9%	4.2%
Sep '19	-2.2%	0.3%	-9.5%	4.2%
Aug '19	-1.5%	0.3%	-7.7%	7.1%
Jul '19	-1%	0.4%	-6.2%	7.1%
Jun '19	-1.7%	4.8%	-9.3%	7.1%
May '19	4.3%	4.9%	2.3%	7.1%
Apr '19	5.2%	4.9%	6.6%	7.1%
Mar '19	7.5%	12.1%	13.2%	7.1%
Feb '19	4.1%	12.1%	6.8%	7.1%
Jan '19	-0.4%	12%	-4.5%	7.1%

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Release date

December 2024

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Region

Luxembourg

Survey time period

January 2019 to November 2024

Supplementary notes

According to the source, the Harmonized Indices of Consumer Prices (HICP) measure changes in the prices of consumer goods and services over time. These indices provide comparable measures of inflation.

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Energy price inflation rate in Luxembourg 2019-2024, by commodity