Destatis announced that German inflation has decreased in August 2019. The inflation was 1.4% on a year-on-year basis, compared to 1.7% in July. Economists expected inflation of 1.5% for August. On a monthly basis inflation decreased by 0.2%, after an increase of 0.5% in July. Using the European harmonized method, inflation was 1.0% on a yearly basis, against 1.1% in the previous month. Economists had forecast an increase of 1.2% for August.
Definitive figures from the American ministry of Commerce show that economic growth in the second quarter of 2019 was 2.0% on a year-on-year basis. The figure is revised downwards from 2.1%. The United States economy grew by 3.1% in the first quarter of 2019.
Statistics Netherlands announced that the output prices of the Dutch industry have increased by 0.1% in July 2019 compared to July 2018. The price increase is lower than the previous month, when prices increased by 0.3% on a year-on-year basis. Compared to June, output prices have decreased by 0.2% on a monthly basis.
The 6M Euribor decreased with 1 basis point to -0.43% compared to previous business day. The 10Y Swap increased with 2 basis points to -0.28% 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.
Managed by Sluijmer Multimedia and hosted by True.