What is Luxembourg's current inflation rate?

Luxembourg's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 5.2% as of September 2026 This is a flash estimate and may be revised at the final release..

Is Luxembourg's inflation above or below the ECB's 2% target?

At 5.2%, it is 3.2 percentage points above the European Central Bank's 2% target.

How does Luxembourg's inflation compare with the rest of Europe?

Luxembourg ranks number 6 of 30 European economies by inflation, 1.4 points above the eurozone average of 3.8%.

Did Luxembourg's inflation rise or fall last month?

Month on month, the headline rate rose from 4.0% to 5.2% in September 2026.

🇱🇺Luxembourg inflation rate

released 2 Oct 2026 · data through September 2026 · flash estimate · next release expected 17 Oct 2026

Luxembourg joined the euro at its launch in 1999. Harmonised inflation (HICP) — the EU-harmonised measure that makes prices comparable across Europe — stands at 5.2% as of September 2026. That is 3.2 percentage points above the ECB's 2% target, and 1.4 points above the eurozone average of 3.8%.

The breakdown shows core (excluding energy and food) at 2.3%, energy at 25.8%, food at 3.3% and services at 3.4%. The strongest pressure is in energy (25.8%), while core (excluding energy and food) is the softest (2.3%).

Month on month the headline rose from 4.0% to 5.2%, extending the climb.

Luxembourg ranks number 6 of 30 European economies by annual inflation, from highest to lowest, between Cyprus and Greece.

Harmonised inflation (HICP) · annual rate

5.2%

vs 2% target

+3.2 pp

Harmonised inflation (HICP) is 5.2% as of September 2026 — that is 3.2 percentage points above the ECB's 2% target.

core (excluding energy and food)

2.3%

▲ 0.4 pp vs prev

energy

25.8%

▲ 8.3 pp vs prev

food

3.3%

▲ 0.1 pp vs prev

services

3.4%

▲ 0.8 pp vs prev

Luxembourg — annual HICP inflation rate, last 10 years

Source: Eurostat (HICP) · data through September 2026 · modifications: none

Compare with the rest of Europe on the European inflation ranking →

Frequently asked questions

What is Luxembourg's current inflation rate?: Luxembourg's annual inflation rate, measured by the harmonised index of consumer prices (HICP), is 5.2% as of September 2026 This is a flash estimate and may be revised at the final release..
Is Luxembourg's inflation above or below the ECB's 2% target?: At 5.2%, it is 3.2 percentage points above the European Central Bank's 2% target.
How does Luxembourg's inflation compare with the rest of Europe?: Luxembourg ranks number 6 of 30 European economies by inflation, 1.4 points above the eurozone average of 3.8%.
Did Luxembourg's inflation rise or fall last month?: Month on month, the headline rate rose from 4.0% to 5.2% in September 2026.

🇱🇺Luxembourg inflation rate

Frequently asked questions

Luxembourg — more indicators