Market Information Thursday 11 January 2024

In November, French industrial production unexpectedly increased by 0.5% compared to the previous month according to data from the French statistical office Insee, economists expected no increase. In October, a decrease of 0.3% was reported. Within the manufacturing sector, production increased by 0.3%, compared to a 0.2% increase the previous month.

In November, wholesale inventories in the United States decreased slightly, as anticipated. The U.S. Department of Commerce reported a 0.2% decline compared to the previous month, in line with economists’ expectations. The previously reported 0.4% decline in October was revised to a 0.3% decrease for that month. On an annual basis, wholesale inventories decreased by 3.0% in November. Wholesale sales remained almost unchanged compared to the previous month, but there was a 0.5% increase on a yearly basis.

Statistics Netherlands (CBS) announced that consumer prices for goods and services in the Netherlands increased by an average of 3.8% in 2023 compared to 2022. In 2022, inflation was 10.0%. Inflation in 2023 was notably influenced by price developments in food and energy. Excluding energy and motor fuels, inflation averaged 6.5% in 2023.

The 6M Euribor decreased with 4 basis points to 3.89% compared to previous business day. The 10Y Swap increased with 2 basis points to 2.66% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.