Inflation drives index payment from May
Life in Luxembourg has become more expensive again. In a press release, the Statec institute writes: « In May 2025, the consumer price index rose 0.6 percent compared to the previous month. This is due to the increase in prices for certain services, which was triggered in particular by indexing wages and salaries on May 1st. »
On May 1st, wages, salaries and pensions in Luxembourg rose by 2.5 percent. A month later, the Statec found that the services had increased by 1.3 percent in May. Many tariffs, for example in old people’s homes or for medical services, are also linked to the index.
If the employees earn more in these areas, prices will also be increased. At the daycare centers and Maison’s relay there was even a price explosion of almost twelve percent within one month. In addition, car parking, the services of cleaning staff and restaurant visits were also more expensive.
The Luxembourgers are concerned about the economic future of Europe
Air travel prices rose by 17.9 percent in May. Cleaning devices became almost 7 percent more expensive, watches by 2.2 percent and tires by almost one percent. The prices for food also increased – albeit easy: they became 0.1 percent more expensive.
Chocolate and coffee became more expensive
Coffee (+2 percent) and chocolate (+2.3 percent) were particularly expensive. In return, fresh fruit (–1.4 percent) and vegetables (–4.1 percent) were reduced. Chicken meat was an average of 1.2 percent cheaper in May than in the previous month. Compared to May 2024, however, food prices rose by 1.5 percent.
In May, drivers experienced several price cuts at the petrol pumps. « The trend in prices for oil products is pointing down the third month in a row. Compared to April, the prices for oil products fell by 1.7 percent, » writes the Statec. Petrol was 1.4 percent, diesel 2.2 percent and heating oil 3.8 percent cheaper. Compared to May 2024, the prices for oil products even fell by 4.1 percent.
Overall, however, the prices have increased. The annual inflation rate is 2.0 percent, compared to 1.7 percent in the previous month. The index rose from 1,015.30 to 1,019.75 points. « The next indexing will be triggered when the value of 1,038,79 is reached, » writes the Statec.
