Luxembourg consumer prices fluctuate frequently, impacting inflation and consumer spending.
The study looked at how prices change in Luxembourg by analyzing detailed price data. They found that most prices stay the same for about 8 months. Energy and unprocessed food prices change more often, while service prices change less frequently. Some prices go back to their original levels after changing. Prices can go up or down equally. Factors like inflation, wage adjustments, and competition affect price changes. Services are the exception, with prices not being rigid.