German industrial production increased in September, according figures from Destatis, the Federal Statistical Office of Germany. Production, adjusted for seasonal influences and working days, was 0.6 percent higher in September than a month earlier. In August, production fell by 1.2 percent. Year-on-year, industrial production rose 2.6 percent in September, after rising 1.6 percent in August.
On 1 November, more than 2.3 million active companies were registered with the Chamber of Commerce in The Netherlands. That is a growth of 5.5% compared to a year earlier. There are still a lot more companies starting, despite the economically uncertain period.
The number of transactions on the Dutch real estate market is declining rapidly due to the rising interest rates. Investors are hesitant about buying office buildings and shops, for example, due to the uncertainty in the financial markets and concerns about a recession.
The 6M Euribor increased with 3 basis points to 2.23% compared to previous business day. The 10Y Swap increased with 3 basis points to 3.14% 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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