Market Information Wednesday 19 June 2019

The European Statistical Office Eurostat reports that inflation in the eurozone decreased to 1.2% in May on an annual basis. In April, inflation was reported at 1.7%. Core inflation, excluding the impact of volatile energy and food prices, decreased to 0.8%, compared to 1.3% in April.

According to the Dutch Central Planning Bureau (CPB), the Dutch economy is expected to slow with 1.7%, which was previously assumed to be 1.5%. CPB expects unemployment to decrease to 3.5% this year. Despite the low level of unemployment, the increase in wages is limited, according to CPB. Furthermore, purchasing power continues to increase with an average of 1.2%.

The German Federal Statistics Office reported that producer prices in Germany decreased by 0.1% in May compared to April. Economists expected an increase of 0.1%. In April prices decreased with 0.5%. On an annual basis, producer prices increased by 1.9% in May.

The 6M Euribor decreased with 1 basis point to -0.27% compared to previous business day. The 10Y Swap decreased with 7 basis points to 0.19% 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.