Macro - Country Economic Forecasts - Luxembourg
We've upgraded our GDP growth forecast for Luxembourg to 1.4% for this year and revised down our 2025 forecast to 2.5%. In Q2, GDP expanded by 0.6% q/q and data revisions show a 0.7% q/q uptick in Q1. Luxembourg's economy is set to outpace growth in the eurozone and post a marked recovery as easing monetary policy supports the outlook. The strength in Q2 was broad based as consumption, net exports, and investment all contributed to growth.
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