Market Information Monday 13 September 2021

Wholesale inventories in the United States rose in July. This was announced by the US Department of Commerce on Friday. On a monthly basis, inventories rose by 0.6% in line with expectations. A month earlier, inventories rose by 1.2%. On an annual basis, inventories rose by 11.5% in July. Wholesale sales rose 2.0% month-on-month in July.

Producer prices in the United States rose slightly more than expected in August. This was reported by the US Department of Labor on Friday. Producer prices rose by 0.7% on a monthly basis in August. Economists had expected an increase of 0.6%. In July, prices still rose by 1.0%. Excluding volatile trade, food and energy prices, US producer prices rose by 0.3% month-on-month in August. On an annual basis, producer prices rose by 8.3% in August. In July, prices rose by 7.8%. Core prices rose 6.3% year-on-year in August.

French industrial production rose in July, albeit at a slower pace than in June. This was revealed on Friday from figures reported by the French statistical office Insee. Production rose by 0.3% month-on-month in July. This is slightly less than economists’ expectations of 0.4%. In June, production rose by 0.6%. On an annual basis, production increased by 10.1% in July.

The 6M Euribor is unchanged at -0.52% compared to previous business day. The 10Y Swap increased with 3 basis points to 0.03% 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.