Market Information Monday 21 November 2022

Producer prices in Germany fell for the first time in more than two years in October. This appeared on Monday from figures from Destatis, the German statistical office. On a monthly basis, prices fell 4.2 percent in September. That was the first drop since May 2020.

Dutch consumers were slightly less somber in November than in October, when their confidence reached an all-time low. The Centraal Bureau voor de Statistiek (CBS) published these figures on Monday. Confidence stood at -57 in November, compared to -59 in October. Consumers were somewhat less pessimistic about the economy and willingness to buy was also slightly less negative. At -57, consumer confidence in November was well below its 20-year average of -9.

Investments in tangible fixed assets rose again in September. The Centraal Bureau voor de Statistiek (CBS) reported this on Monday. Capital expenditure was up 4.4 percent year-on-year, after rising 5.0 percent in August. In May and June, however, investment still rose by more than 8 percent per month, while in July there was a marked pause. Investments in buildings and aircraft increased in September.

The 6M Euribor decreased with 2 basis points to 2.29% compared to previous business day. The 10Y Swap increased with 1 basis point to 2.77% 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.