Latest reading: Retail sales declined 0.1% in seasonally adjusted month-on-month terms in November, following a 0.9% fall in the prior...
Retail Sales in Luxembourg
The Luxembourg economy recorded an average growth rate of -6.8% in retail sales over the decade to 2024, above Euro Area's average of 1.4%. In 2024, Luxembourg's retail sales growth was 16.1%.
Luxembourg Retail Chart
Note: This chart displays Retail Sales (ann. var. %) for Luxembourg from 2014 to 2024.
Source: Macrobond.
Luxembourg Retail Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Retail Sales (ann. var. %) | 0.7 | -3.7 | -2.8 | 7.5 | 18.8 |
Retail sales speed up in October
Latest reading: Retail sales increased 3.6% in calendar and seasonally adjusted month-on-month terms in October, following a 1.5% rise in the prior month. On a calendar-adjusted year-on-year basis, retail sales fell 0.8% in October, following a 4.1% rise in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Luxembourg retail projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable retail forecast available for Luxembourg retail.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Luxembourg retail projections.
Want to get access to the full dataset of Luxembourg retail forecasts? Send an email to info@focus-economics.com.
Latest Global Retail News
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United Kingdom: Retail sales fall at a softer clip in November -
United States: Retail sales stagnate in October Latest reading: Nominal retail sales stagnated in seasonally adjusted month-on-month terms in October, following 0.1% growth in the prior month... -
Indonesia: Retail sales accelerate in November Latest reading: Retail sales rose 5.9% in annual terms in November, following a 4.3% rise in the previous month. November’s... -
Luxembourg: Retail sales speed up in October Latest reading: Retail sales increased 3.6% in calendar and seasonally adjusted month-on-month terms in October, following a 1.5% rise in... -
Switzerland: Retail sales accelerate in October Latest reading: Retail sales rose 0.7% in seasonally adjusted month-on-month terms in October, following 0.5% growth in the prior month.... -
Hong Kong: Retail sales gain steam in October Latest reading: Retail sales rose 5.4% on a year-on-year basis in October, following a 4.8% increase in the prior month.... -
Spain: Retail sales stagnate in October Latest reading: Retail sales stagnated on a working day and seasonally adjusted month-on-month basis in October, following 0.4% growth in...