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Is Luxembourgish an "endangered language"? How did linguistic diversity evolve over time? What languages are spoken at all and in what context? How many migrants speak Luxembourgish? How do they integrate linguistically? What are the most used languages in workplaces? How language use does vary in the different regions? To find answers to these questions, STATEC asked, during the population census of 2011, questions about the best mastered language and language used at home, at school and at work.
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This year, the global economic climate should be less buoyant than originally forecast. On top of moderately weaker growth prospects, it is the emergence of new downside risk scenarios in particular which is causing concern among analysts; this nervousness also applies to the euro zone. However, the euro zone is performing in a relatively satisfactory manner, at least according to the figures available as spring approaches. In the case of Luxembourg, growth forecasts for the start of the year are characterised by both optimism, which remains well placed (for households and businesses) and by negative influences, coming from the financial markets.
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French is the first language spoken at work by residents, followed by Luxembourgish. French is also the most spoken language in all economic sectors from the private sector, while Luxembourgish has its strongholds in the public and broader public sector.
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Luxembourgish born in Luxembourg differ significantly from those born abroad. Similarly, the proportions of the main languages differ among foreigners, if they were born in Luxembourg or if they are migrants.
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On 31 March 2016, Luxembourg had 17 405 registered unemployed residents. The seasonally adjusted unemployment rate was 6.5 %.
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In 2015, the current account surplus of Luxembourg has increased by approximately 180 million euros, compared to 2014. This is due to the improved balance of international trade in financial services, which has more than offset the decline in net VAT income related to e-commerce. Furthermore, the change in business model (within Europe) of an e-commerce company has resulted in a redistribution of flows between goods and services, whose impact has however remained almost neutral on the current account surplus.
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The International Day of the Book is celebrated on 23 April. Nowadays, in Luxembourg, more than 200 companies are engaged in economic activities related to publishing and trade of books, newspapers and periodicals (including digital format) and employ almost 1 600 employees.
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Apart from oil prices, which increased this month, consumer prices surveyed by STATEC in March are not very dynamic. The general index is almost at a standstill compared to the previous month with a monthly rate of increase of 0.02%. The same is true for the annual inflation rate which with a value of 0.05% is close to the 0% mark. The annual core inflation rate is also trending down and is limited to 1.0%.
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The BCL informs that the aggregated balance sheet of credit institutions reached 771 066 million euros on 29 February 2016, compared to 763 046 million euros on 31 January 2016, an increase of 1.1%.
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The BCL Banque centrale du Luxembourg’s consumer confidence indicator has improved again in March 2016. All the components of the indicator have evolved positively, with the exception of households’ expectations about their capacity to save, which have decreased.
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