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Consumer confidence growing in Luxembourg
Economics

Consumer confidence growing in Luxembourg

30.08.2013 From our online archive
Consumer confidence about Luxembourg's future grew in August after three consecutive months of decline, according to a report by Luxembourg's Central Bank.

Consumer confidence about Luxembourg's future grew in August after three consecutive months of decline, according to a report by Luxembourg's Central Bank.

The report, which reveals how residents expect the country to fare economically over the coming 12 months, showed improvements in all components.

Households' expectations regarding the general economic situation in Luxembourg and their ability to save improved significantly while fears about future unemployment fell.

Overall confidence in the country's economy improved by five points and in August was at -7.

Click here to view the full report in French