General Members News

STATEC: Rebound in residential construction prices ; Inflation forecast revised for 2025

After two quarters of weak growth, residential construction prices rose by 1.3% between October 2024 and April 2025. After the surge in 2021 and 2022, price changes are gradually returning to their long-term average (1.0%) observed between 2010 and 2019. This recovery affects all trades. Over one year, prices in residential construction rose by 1.5%.

On Wednesday 6 August 2025, Luxembourg’s statistics institute, STATEC, published its updated inflation forecast, highlighting rising food and energy prices.

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