Statec has revealed that the GDP in Luxembourg has increased by 4.8% in the third quarter of 2016.

In the third quarter of 2016, the Luxembourg GDP has risen by 4.8% in comparison to the third quarter of 2015. Compared to the previous quarter, it has however fallen by 0.1%.

In relation to the second quarter of 2016, spending by charities and voluntary organisations has fallen by 1.6%, whilst that of administrations has stood still. Exports have risen by 0.1%, whilst imports have fallen by 0.5%.