UK retail sales fell in July, according to figures from the British Bureau of Statistics published on Friday. Sales declined by 2.5% on a monthly basis. On an annual basis, sales increased 2.4%. Economists expected better results for last month. Compared to February 2020, just before the corona outbreak, sales in July were 5.8% higher.
Producer prices in Germany rose further in July, as reported by Destatis, the German statistical office. Compared to a year earlier, producer prices rose by 10.4% last month, after the rise of 8.5% in June. The price increases have been rising in recent months. On a monthly basis, prices increased 1.9% in July.
Consumer prices in Japan rose on a monthly basis in July. However, on a yearly basis the price level fell. This was revealed by government figures on Friday. On a monthly basis prices rose with 0.2% in June and fell with 0.3% on an annual basis. Core prices (prices excluding fresh food and energy) continued to be under pressure year-on-year with a decline of 0.6%. The Bank of Japan is targeting inflation of 2%.
The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap is unchanged at -0.11% 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.
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