The Organisation for Economic Co-operation and Development (OECD) reports economic growth of 0.6% on a quarterly basis of the OECD-countries in the first quarter in 2019. In the last quarter of 2018 economic growth was 0.3%. On annual basis the economic growth in the OECD-area was 1,9% compared to 1,8% in the last quarter of 2019.
The British Office for National Statistics reports that in April inflation has increased to 2.1% annually compared to 1.9% in March. Core inflation remained stable at 1.8%.
The German Federal Statistical Office reports that in the first quarter of 2019 the German economy has increased with 0.4% on a quarterly basis. In the fourth quarter of 2018 the growth of the economy stagnated. The final growth number matches with the preliminary estimates.
The 6M Euribor is unchanged at -0.24% compared to previous business day. The 10Y Swap decreased with 2 basis points to 0.43% 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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