Conjoncture Flash June 2018

Luxembourg gross domestic product rose in the 1st quarter of 2018, with activity still characterised by the resilience of non-financial services. With this impetus, the prospect of almost 4% growth this year seems largely within reach. However, clouds are gathering over the global economy that could affect external demand for Luxembourg exports.

• Forecasts: Top of the cycle

• Manufacturing: Trends remain positive

• Financial sector 1/2: The dollar gains ground on the euro

• Financial sector 2/2: Political tensions weigh on long-term rates in southern EU countries

• Labour market 1/2: Vacancy rates at their highest

• Labour market 2/2: Drop in the proportion of prime-age workers

• Inflation: Housing and transport boost inflation