Eurozone inflation rose to 3% in August compared to price levels a year earlier, according to a preliminary Eurostat estimate. Economists surveyed by Reuters news agency had expected inflation of 2.7%. In July, consumer prices still rose by 2.2%.
The processing times for applying for business accounts in the Netherlands are increasing. Smaller entrepreneurs in particular spread their capital over several accounts to avoid penalty interest of half a percent on assets more than EUR 100,000. This causes congestion at the banks.
The Dutch economy continued to grow strongly in August, according to figures from the Dutch trade association for buyers Nevi. It calculated a significant increase in employment. This is the third largest increase since the start of the measurement in 2000, only in two months of 2018 the increase was greater.
The 6M Euribor is unchanged at -0.53% compared to previous business day. The 10Y Swap increased with 4 basis points to -0.03% 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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