Conjoncture Flash October 2018

After peaking at the start of the year, confidence among European and Luxembourg economic stakeholders has faltered slightly but remains high. As autumn approaches, most of the latest cyclical indicators available show that the environment remains buoyant for the Luxembourg economy and is even highly satisfactory as regards the labour market.

• International: Growth less pronounced and more uncertain

• Consumption: Abnormal sales

• Financial markets: Gap widens between European and American equities

• Financial sector 1/2: Good employment prospects in the financial sector

• Financial sector 2/2: Brexit - Luxembourg confirms its attractions

• Labour market: Employment holds up well in the 2nd quarter

• Tax receipts: Fuel for receipts