StatecAnnual inflation rate rises from 1.2 to 1.7%

RTL Today
Prices in Luxembourg slightly rose by 0.14% in December compared to November.
© AFP

Annual inflation climbed from 1.2 to 1.7%. Fuel prices went up 0.21%. The cost of oil went up 0.3%. Seasonal variations in the rates traditionally play a bigger role towards the end of the year due to the holidays.

It's worth remembering in the context of rising prices that salary indexation took place on New Year's Day, resulting in an increase of 2.5% in wages, salaries, and pensions.

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