Market Insights
Market Information Thursday 20 June 2024
Producer prices in the United Kingdom rose as expected in May, according to figures released on Wednesday by the UK Office for National Statistics (ONS). On an annual basis, prices increased by 1.7 percent following a rise of 1.1 percent the previous month. Economists had also expected a rise of 1.7 percent. On a monthly basis, the price level fell by 0.1 percent last month, whereas a flat trend had been anticipated. The month before, prices had increased by 0.3 percent month-on-month.
Consumer prices in the United Kingdom also rose as expected in May. On an annual basis, prices rose by 2.0 percent, which is in line with expectations. The previous month, the price level had risen by 2.3 percent. Prices increased by 0.3 percent month-on-month after also rising by 0.3 percent the month before. A rise of 0.4 percent had been expected.
Confidence among American home builders declined in June, according to preliminary data from the National Association of Home Builders released on Wednesday. The NAHB housing index fell from 45 to 43 this month.
The 6M Euribor decreased with 1 basis point to 3.70% compared to previous business day. The 10Y Swap increased with 2 basis points to 2.74% 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.