Luxembourg - Industrial Production
Luxembourg: Industrial Production
| Mnemonic | IP.ILUX | |
|---|---|---|
| Unit | Vol. Index 2015=100, NSA | |
| Adjustments | Not Seasonally Adjusted | |
| Monthly | 4.82 % | |
| Data | Jan 2024 | 83.46 |
| Dec 2023 | 79.62 | |
Series Information
| Source | STATEC Luxembourg |
| Release | Indices of industrial activity; indices of construction activity |
| Frequency | Monthly |
| Start Date | 1/31/1955 |
| End Date | 1/31/2024 |
Luxembourg: Business
| Reference | Last | Previous | Units | Frequency | |
|---|---|---|---|---|---|
| Business Confidence | Mar 2024 | -20.4 | -19 | SA | Monthly |
| Industrial Production | Jan 2024 | 83.46 | 79.62 | Vol. Index 2015=100, NSA | Monthly |
| Capacity Utilization | 2023 Q4 | 70.5 | 72 | %, SA | Quarterly |
| Change in Inventories | 2022 | 208.52 | 458.74 | Mil. EUR | Annual |
| Real Change in Inventories | 2022 | 152.57 | 365.86 | 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.
