Luxembourg economy contracts 0.9% in second quarter

NAMPA / DPA
2026-10-07
Brussels (dpa) - Luxembourg's economy contracted again in the second quarter, preliminary estimates from the statistical office STATEC showed on Wednesday. Gross domestic product (GDP) dropped 0.9% from the previous quarter, reversing revised growth of 0.3% in the first quarter. The expenditure breakdown showed that gross fixed capital formation declined 1.9%, compared with a 6.3% surge in the previous quarter.  Household final consumption expend......
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