The index has not yet fallen in May. Statec director Tom Haas explained this on Wednesday morning. “We are very close,” said Haas. The index is expected to fall during May. A new tranche would then be applied in June. This would mean that all salaries in Luxembourg would be increased by 2.5 percent.
New inflation figures on Wednesday
New official inflation calculations in Luxembourg, including April figures, are announced for Wednesday. In March, the inflation rate was 2.4 percent year-on-year. What counts for an index tranche to be triggered is the six-month average of inflation. It must record a total increase of 2.5 percent. “We are now at 2.46 percent inflation,” said Haas in an RTL interview on Wednesday morning. He is sure that the limit will be reached in May.
In the past six months, however, prices have actually fallen in places over the course of the month. According to Statec, the half-year average of the index was 1,035.12 in March. A month ago, the next wage indexation was still expected for the “second quarter of 2026”. (sen)
