{"id":4014,"date":"2026-03-31T10:28:14","date_gmt":"2026-03-31T10:28:14","guid":{"rendered":"https:\/\/www.europesays.com\/lu\/4014\/"},"modified":"2026-03-31T10:28:14","modified_gmt":"2026-03-31T10:28:14","slug":"luxembourg-inflation-rate-more-than-doubled-in-march-eurostat-says","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/lu\/4014\/","title":{"rendered":"Luxembourg inflation rate more than doubled in March, Eurostat says"},"content":{"rendered":"<p class=\"Paragraph_paragraph__I_rk_ Paragraph_paragraph--default-lg-default__x4qZd articleParagraph\">Luxembourg\u2019s annual inflation more than doubled to 3.8% in March, the bloc\u2019s official statistics agency Eurostat said on Tuesday, hitting its highest level in three years.<\/p>\n<p class=\"Paragraph_paragraph__I_rk_ Paragraph_paragraph--default-lg-default__x4qZd articleParagraph\">The Grand Duchy\u2019s rate was the third-highest of the 20 countries in the eurozone, surpassed only by Croatia (4.7%) and Lithuania (4.5%), and well above the eurozone average of 2.5% for March.<\/p>\n<p class=\"Paragraph_paragraph__I_rk_ Paragraph_paragraph--default-lg-default__x4qZd articleParagraph\">It marks a reversal of the trend of recent months, after Luxembourg\u2019s rate fell from 3.3% in December 2025 to 1.6% <a class=\"LinkText_link-text__rRfwk annotation-link_annotationLink__nXU8B\" href=\"https:\/\/www.luxtimes.lu\/luxembourg\/inflation-edges-up-to-1.8-in-february-amid-rising-food-prices\/142828719.html\" target=\"_blank\" rel=\"nofollow noopener\">and 1.8%<\/a> in the opening months of 2026.<\/p>\n<p class=\"Paragraph_paragraph__I_rk_ Paragraph_paragraph--default-lg-default__x4qZd articleParagraph\">Luxembourg\u2019s annual inflation rate has now risen to its highest level since February 2023, when it hit 4.8%.<\/p>\n<p class=\"Paragraph_paragraph__I_rk_ Paragraph_paragraph--default-lg-default__x4qZd articleParagraph\">Across the eurozone, <a class=\"LinkText_link-text__rRfwk annotation-link_annotationLink__nXU8B\" href=\"https:\/\/www.luxtimes.lu\/luxembourg\/fuel-prices-flip-within-24-hours-as-diesel-jumps-back-above-2\/144699027.html\" target=\"_blank\" rel=\"nofollow noopener\">energy costs<\/a> were the main driver of inflation, rising 4.9% year-on-year in the wake of the latest US-Israel attack on Iran which began at the end of February. Services were up 3.2% year-on-year, while food costs were 2.4% higher.<\/p>\n<p><a href=\"https:\/\/www.luxtimes.lu\/luxembourg\/indexation-in-luxembourg-holds-course-as-inflation-rises\/144374489.html\" class=\"RelatedTeaser_related-teaser__yCmUA RelatedTeaser_related-teaser--image__JuQLa read-more_withImage__1YJa_\" data-article-id=\"144374489\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>Also read:Luxembourg faces higher inflation as Middle East conflict shakes global energy markets<\/p>\n<p><\/a><\/p>\n<p class=\"Paragraph_paragraph__I_rk_ Paragraph_paragraph--default-lg-default__x4qZd articleParagraph\">On Friday, Energy Minister Lex Delles <a class=\"LinkText_link-text__rRfwk annotation-link_annotationLink__nXU8B\" href=\"https:\/\/www.luxtimes.lu\/businessandfinance\/luxembourg-waits-for-key-data-as-government-monitors-rising-energy-prices\/144797730.html\" target=\"_blank\" rel=\"nofollow noopener\">said that<\/a> Luxembourg\u2019s government is waiting for data to be published in May and June to assess the potential economic impact of higher energy prices.<\/p>\n<p class=\"Paragraph_paragraph__I_rk_ Paragraph_paragraph--default-lg-default__x4qZd articleParagraph\">The government has not ruled out supply shortages if the conflict continues for several more months.<\/p>\n<p class=\"Paragraph_paragraph__I_rk_ Paragraph_paragraph--default-lg-default__x4qZd articleParagraph\">Eurostat flash estimates give preliminary inflation data for euro area countries as soon as the previous month ends, whereas confirmed data released later on in the month includes a rate for both eurozone countries and the wider European Union.<\/p>\n<p class=\"Paragraph_paragraph__I_rk_ Paragraph_paragraph--default-lg-default__x4qZd articleParagraph\">Luxembourg\u2019s official statistics agency, Statec, uses a slightly different methodology from Eurostat, and the two agencies\u2019 calculations usually differ. Statec calculated February\u2019s annual inflation rate for Luxembourg to be 1.3%, and will release March figures in early April.<\/p>\n","protected":false},"excerpt":{"rendered":"Luxembourg\u2019s annual inflation more than doubled to 3.8% in March, the bloc\u2019s official statistics agency Eurostat said on&hellip;\n","protected":false},"author":2,"featured_media":4015,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5],"class_list":{"0":"post-4014","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-luxembourg","8":"tag-luxembourg"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@lu\/116323320110544764","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/posts\/4014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/comments?post=4014"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/posts\/4014\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/media\/4015"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/media?parent=4014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/categories?post=4014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/tags?post=4014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}