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Positive Q1 economic outlook for Luxembourg

Published Thursday June 24 2021

The Economic Outlook for the first quarter for Luxembourg is positive with Luxembourg’s GDP being expected to grow by 6% in volume.

As reported by Luxembourg’s office for national statistics STATEC , in 2021, the Luxembourg Labour market is set to remain the most dynamic in the euro zone.

Furthermore, in 2021 and 2022, the market sector in Luxembourg should regain activity and investment, thus gradually taking over from public spending.

The resilience of the Luxembourg economy to the pandemic also showed in government accounts. 

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