Luxembourg: 2023 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Luxembourg
Electronic Access:
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Summary:
Growth and employment have slowed somewhat, reflecting mostly weaker external demand, tighter financial conditions, and confidence effects. A large fiscal support package in the run up to the election has alleviated the impact of the energy shock on consumers and firms, with energy price controls limiting the pass-through to inflation and hence wage increases in a context of automatic wage indexation.
Series:
Country Report No. 2023/176
Subject:
International organization Monetary policy
Frequency:
regular
English
Publication Date:
May 24, 2023
ISBN/ISSN:
9798400242212/1934-7685
Stock No:
1LUXEA2023001
Format:
Paper
Pages:
78
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