Luxembourg: core inflation rate 2023

The core inflation rate gauges the price changes in a basket of goods and services in a defined time period, excluding the food and energy sectors. In September of 2023, the core inflation rate of Luxembourg stood at 4.3 percent. This was somewhat lower was somehwat lower than the previous month, with the lowest core inflation rate measured in February 2021 at -0.1 percent.

Core inflation rate in Luxembourg from January 2020 to September 2023 (annual rate of change)

Characteristic	Core inflation rate
Sep 23	4.3%
Aug 23	4.5%
Jul 23	4.9%
Jun 23	4.7%
May 23	4.8%
Apr 23	4.9%
Mar 23	4.7%
Feb 23	4.8%
Jan 23	4.8%
Dec 22	4.6%
Nov 22	4.9%
Oct 22	5.1%
Sep 22	5.2%
Aug 22	5.1%
Jul 22	4.7%
Jun 22	4.8%
May 22	4.5%
Apr 22	4.2%
Mar 22	3.5%
Feb 22	4.2%
Jan 22	1.4%
Dec 21	2.3%
Nov 21	2.2%
Oct 21	1.8%
Sep 21	1.4%
Aug 21	1.3%
Jul 21	1.2%
Jun 21	1.1%
May 21	1.2%
Apr 21	1%
Mar 21	1.5%
Feb 21	-0.1%
Jan 21	2.5%
Dec 20	1.4%
Nov 20	1.4%
Oct 20	1.6%
Sep 20	1.6%
Aug 20	1.4%
Jul 20	1.7%
Jun 20	1.6%
May 20	1.6%
Apr 20	1.8%
Mar 20	1.4%
Feb 20	1.8%
Jan 20	1.8%

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Release date

October 2023

More information

Region

Luxembourg

Survey time period

January 2020 to September 2023

Supplementary notes

Core inflation rate is measured as the percentage change of CPI excluding food and energy sectors for each month, compared to that of the same month the previous year.

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