Market Information Friday 13 January 2023

In December, the number of bankruptcies rose for the fourth month in a row, although the figure for all of 2022 remains historically low. Last year, 2144 companies went bankrupt. Only in 2021 was the number of bankruptcies lower since the start of measurement, reports CBS.

US consumer prices fell in December for the first time in more than 2.5 years due to falling prices for petrol and motor vehicles, offering hope that inflation is now on a sustained downward trend, although the labour market remains tight. The consumer price index fell 0.1% last month, the first decline since May 2020, when the economy suffered from the first wave of COVID-19 cases. In November, the CPI rose 0.1%.

House prices fell for the second quarter in a row. This clearly continues the turnaround in the housing market. In the fourth quarter of 2022, houses became 3.7 per cent cheaper on average compared to the previous quarter, reports broker association NVM. And for the first time in nine years, house prices are now also down 6.4 per cent year-on-year.

The 6M Euribor increased with 4 basis points to 2.86% compared to previous business day. The 10Y Swap decreased with 7 basis points to 2.71% 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.