Conjoncture Flash April 2018

In 2017, the added value of the financial sector dropped by 3.3%, weighing down the economic growth of the country. This performance is rather disappointing in relation to the confidence in the sector and in the markets, as well the result of the eurozone (-0.2%). Low rates, restructuring and regulatory adaptation continue to hamper the performance of the financial activities.

• International: Confidence: has it passed its peak?

• Non-financial services: Increasing morale

• Real estate: Record transactions and steady prices

• Financial sector: Luxembourg gains market shares

• Labour market: Trends are still heading in the right direction

• Consumer prices: Administered prices keep inflation down

• Public finances: Strong growth in tax receipts in the 1st quarter