Market Information Wednesday 30 August 2023

Output prices in the Dutch industry were lower in July than in the same period last year. This was revealed on Wednesday by figures from Statistics Netherlands. Output prices decreased by 7.7% year-on-year in July. In June, prices already decreased by 7.2% year-on-year and in May by 5.1% year-on-year. The development of output prices is related to crude oil prices. The price for a barrel of North Sea Brent in July was 29.0% lower than in July last year.

The number of job openings in the United States fell in July. This was revealed on Tuesday by figures from the U.S. Department of Labor. There were 8.8 million job openings in July, against 9.2 million job openings in June. In July 2022, there were 11.4 million job openings. The number of job openings thus fell 22.8% year-on-year.

The confidence among entrepreneurs in the Dutch industry declined further in August. This was revealed on Wednesday by figures from Statistics Netherlands. The confidence index decreased from 0.1 in July to -2.2 in August. The confidence index averaged 1.4 over the past 20 years, with a high of 12.7 in November 2021 and a low of -28.7 in April 2020.

The 6M Euribor is unchanged at 3.94% compared to previous business day. The 10Y Swap decreased with 5 basis points to 3.10% 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.