Based on figures published by Statistics Netherlands (CBS), the output prices of Dutch industry in November 2019 were on average at the same level as in November 2018. Compared to October 2019, industry output prices decreased by 0.1% in November.
According to a statement from the Chinese central bank, released this weekend, financial institutions in the country will face a new interest rate from the start of the new year. This new interest rate, the Loan Prime Rate (LPR), is an important step in reforming the financial system.
The current account surplus in the Dutch balance of payments continues to decrease. According to the Dutch central bank (DNB), the surplus decreased by 8% in the third quarter to EUR 19.3 billion, compared to the third quarter in 2018. The surplus amounts to 9.7% of gross domestic product (GDP), still above the 6% standard set by the European Commission. One of the main causes of this decrease were the depressed results of foreign subsidiaries from Dutch companies.
The 6M Euribor increased with 1 basis point to -0.33% compared to previous business day. The 10Y Swap decreased with 1 basis point to 0.15% 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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