Affaires économiques
Chambre de Commerce
With an annual inflation rate estimated at 4.1% in December 2021 and 3.6% in January 2022 by STATEC, the rise in prices continues at a sustained rate, threatening the consolidation of the Luxembourg economy and weighing on the costs borne by companies. The effect on their competitiveness is undeniable, with the latter seeing their margins and profitability decline, and as a consequence, their capacity for innovation and investment reduced in the medium run, particularly in the digital and environmental transitions.
Read the whole post on: https://www.carlothelenblog.lu/2022/02/17/a-rise-in-prices-for-the-long-haul/