Inflation in the Netherlands amounted to 16.8 percent in October, according to the European harmonized consumer price index (HICP). This was revealed on Monday from a publication by Statistics Netherlands (CBS). In September inflation was still at 17.1 percent and in August at 13.7 percent.
Dutch retail sales increased their turnover in September, but also now with declining volumes. This was shown on Monday from figures from Statistics Netherlands (CBS). In September, sales rose 5.3 percent from the same period a year earlier, while sales volumes declined by 3.5 percent.
The Chinese economy saw growth turn into contraction in October. This was revealed on Monday with figures from the Chinese government. The purchasing managers’ index for the services sector stood at 48.7 in October, compared to 50.6 in September. The Chinese manufacturing purchasing managers’ index was found to have fallen from 50.1 in September to 49.2 in October.
The 6M Euribor increased with 2 basis points to 2.12% compared to previous business day. The 10Y Swap increased with 13 basis points to 2.98% 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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