In April 2016, consumer prices in the United States rose by 0.4% compared to March. Analysts had expected an increase of 0.3%. According to the U.S. Labor Statistics Department, consumer prices increased at the fastest pace in more than 3 years. The rising inflation was mainly driven by higher fuel prices and rents.
Yesterday, the British Office for National Statistics (ONS) reported that the inflation for the UK fell in April to 0.3% annually. In March, the inflation rate was 0.5% annually. Cheaper airfares, clothing, and social housing were important causes of the lower inflation.
According to Statistics Netherlands (CBS), Dutch entrepreneurs remain optimistic. Similar to the first quarter of 2016, business confidence at the beginning of the second quarter is reported to be 9. The number of entrepreneurs expecting a rise in employment is also up, according to Statistics Netherlands. Especially entrepreneurs working in information, communication and hospitality were more positive than in previous quarters.
The 6M Euribor remained unchanged at -0.14%. The 10Y Swap remained unchanged at 0.54%.
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