Luxembourg: Economic sentiment darkens in December
Latest reading: Economic sentiment fell to 95.9 in December, following November’s 101. Consequently, the index stepped below the long-term average of 100, pointing to a muted near-term outlook for the economy.
In December, sentiment darkened in the industrial sector (-24.1 vs -18.9 in November) and among consumers (-9.0 vs -6.1 in November). In contrast, sentiment improved in the construction sector (-17.9 vs -18.2 in November).