Markit stated that the activity in the industrial sector of the eurozone has decreased in February 2020. The purchasing managers index increased from 47.9 in January to 49.1 in February. Economists expected a value of 47.4. A value of 50 or above shows an increase in activity, below a decrease. The index for the service sector attained a value of 52.8 for February, compared to 52.5 in the previous month.
In addition, figures from Markit showed that the growth in the activity in de industrial sector of the United States has decreased. The purchasing managers index decreased from 51.9 in January to 50.8 in February. Economists expected a value of 51.5. The index for the service sector attained a value of 49.4, compared to 53.4 in January.
Based on final figures, Eurostat stated that the inflation in the eurozone was 1.4% in January on a year-on-year basis. The core inflation, without the volatile price of energy and food, decreased from 1.3% in January 2020 to 1.1%.
The 6M Euribor decreased with 1 basis point to -0.36% compared to previous business day. The 10Y Swap increased with 1 basis point to -0.09% 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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