Preliminary figures from the Chinese government show that China’s gross domestic product increased by 7.9% on an annual basis, in line with economists’ expectations. In addition, retail sales rose 12.1% year-on-year, higher than expectations of 10.9%. Chinese industrial production rose 8.3% year-on-year, above expectations of 7.8%.
The British bureau for statistics ONS reported on Wednesday that producer prices in the UK rose 0.4% on a monthly basis, up from 0.8% in May. On an annual basis, the increase was 4.3%, up from 4.4% a month earlier. Economists’ expectations were 0.7% and 4.9% on a monthly and annual basis, respectively. Consumer prices rose 0.5% on a monthly basis, up from 0.6% in May. On an annual basis, there was a 2.5% increase compared to 2.1% a month earlier. Economists had expected an increase of 2.2%.
Eurostat announced that industrial production in the Eurozone declined by 1.0% in May compared to April, higher than the expected decline of 0.1%. In April production increased with 0.6%. Compared to a year earlier, industrial production had increased by 20.5%, against an expected increase of 22.4%.
The 6M Euribor is unchanged at -0.51% compared to previous business day. The 10Y Swap decreased with 2 basis points to 0.02% 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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