Statistics Netherlands reported that Dutch retail turnover increased with 8.2% in May 2020 compared to May 2019. Both the food sector and the non-food sector realized a higher turnover than in the same month previous year. Hardware stores realized record sales for the third consecutive month. Supermarkets and specialty stores also recorded strong turnover growth. Clothing and shoe stores again recorded a lower turnover.
Figures from the Chinese government show that activity in Chinese industry increased slightly in June 2020 compared to last month. The purchasing managers index for June amounted to 50.9, compared to 50.6 in May 2020. The services sector also showed more activity than last month; the purchasing managers index rose from 53.6 to 54.4 in June.
The German federal statistics agency Destatis announced that inflation in Germany increased in June 2020. Inflation reached 0.9% this month, compared to 0.6% in May. This brings inflation back to the same level as in April 2020. Based on the European harmonized measurement method, inflation in June was 0.8% on an annual basis.
The 6M Euribor decreased with 1 basis point to -0.28% compared to previous business day. The 10Y Swap increased with 1 basis point to -0.18% 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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