According to Statistics Netherlands (CBS), consumers spent 1.3% more in November than in the same month a year earlier. Consumers spent more on cars, home furnishings and household appliances. Spending on services accounts for more than half of total domestic consumption.
However, consumer confidence hardly changed, according to Statistics Netherlands (CBS). The consumer confidence indicator stood at minus 3 in January, down from minus 2 in the previous month. Consumer confidence in January was above the average over the past twenty years, which was minus 4.
According to figures from the German research institute ZEW, the confidence of German investors and analysts in the economy improved in January. The ZEW index, which reflects confidence over the next three to six months, stood at 26.7 in January compared to 10.7 in December. It is the highest level for the index since July 2015 and the third monthly improvement in the index in a row.
The 6M Euribor is unchanged at -0.33% compared to previous business day. The 10Y Swap decreased with 3 basis points to 0.11% 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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