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Consumer confidence hits a new record high in November 2017
04-12-2017 | BCL


The consumer confidence hits a new record high in November 2017. The Banque centrale du Luxembourg’s consumer confidence indicator has increased for the third month in a row in November 2017 and has reached a new record high. In November, households’ expectations about both their financial situation and their personal capacity to save have been considerably revised up. Households have also revised up their expectations about the general economic situation in Luxembourg, which have reached a historically high level. Finally, their concerns about unemployment in Luxembourg have decreased again. In total, the consumer confidence indicator, which is the arithmetic mean of the four component, has continued to grow and hit a new record high in November 2017.