Luxembourg - Industrial Production

Luxembourg: Industrial Production

Mnemonic IP.ILUX
Unit Vol. Index 2015=100, NSA
Adjustments Not Seasonally Adjusted
Monthly 2.8 %
Data Nov 2022 97.01
Oct 2022 94.37

Series Information

Source STATEC Luxembourg
Release Indices of industrial activity; indices of construction activity
Frequency Monthly
Start Date 1/31/1955
End Date 11/30/2022

Luxembourg: Business

Reference Last Previous Units Frequency
Capacity Utilization 2023 Q1 74.3 79.8 %, SA Quarterly
Business Confidence Dec 2022 -15.6 -17.8 SA Monthly
Industrial Production Nov 2022 97.01 94.37 Vol. Index 2015=100, NSA Monthly
Change in Inventories 2021 710.89 389.1 Mil. EUR Annual
Real Change in Inventories 2021 588.46 340.11 Mil. Ch. 2015 EUR Annual

Release Information

Industrial production indicators help ascertain the use of resources and labor. The Industrial Production Index for Luxembourg is an important way to measure economic activity. The index shows the evolution of quantitative monthly production.

STATEC puts the production index together. The calculation of the the index uses a Laspeyres formula with fixed value-added weights, with 2015 as a base year. Units containing 20 or more individuals are included in the poplulation. Some exceptions are made for smaller units.

The data source is a monthly survey that measures the production of 160 local industrial activity units.

Data is first released during a preliminary stage and revisions are usually made in the first 20 days. Additional revisions can be made within three months of the release. Revisions are made to correct data errors or estimates.