Conjoncture Flash December 2015

The end of 2015 was marked by a very volatile international financial environment and a tense political situation in Europe. However, figures available for the 4th quarter suggest that the economic environment has held up well, both in the eurozone as a whole and in Luxembourg.

• Manufacturing: Steel dragging prices down again

• Construction: A lasting favourable trend

• Consumption 1/2: Car sales slide

• Consumption 2/2: Consumers more confident in November

• Labour market: Steady rise in job creation

• Inflation: Inflation rate jumps to 0.8%

• Financial sector: Increase in business lending