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Glimmers of optimism in consumer confidence figures
Economics

Glimmers of optimism in consumer confidence figures

30.05.2014 From our online archive
Consumer confidence improved slightly in May, according to Luxembourg's Central Bank.
28.02.08 kauf, kaufkraft, pouvoir achat, inflation, wert, geld, einkaufen, lebensmittel, prix preis, photo: Marc Wilwert

Consumer confidence improved slightly in May, according to Luxembourg's Central Bank.

The latest figures published by STATEC showed that overall confidence grew to -4, up from -6 in April 2014.

Expectations of householders regarding the country's general economic situation and their capacity to save money improved (-14 from -19 and 41 from 36 respectively).

However, there was less optimism when it came to unemployment with the index rising to 36, up from 35 in April. Unemployment in Luxembourg has remained at 7.1 percent since November last year.

To view the full report, visit www.statistiques.public.lu

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