Local declarations
Local variables can be declared anywhere inside a block to limit the variable's scope. In addition to limiting the scope, accessing a local variable is faster than accessing a global variable. For both of these reasons, use local variables whenever possible.
statement ::= local namelist [`=´ explist]
local x
local y = 12345
If present, an initial assignment has the same semantics of a multiple assignment (see Assignment).
local a,b = 'abc', 'xyz'
A chunk is also a block (see Chunks), and so local variables can be declared in a chunk outside any explicit block. The scope of such local variables extends until the end of the chunk.