Eurozone producer prices again increased more in August than in the previous month. This was revealed on Tuesday by figures from Eurostat, the European statistical office. On a year-on-year basis, producer prices rose 43.3% in August, versus a plus of 38.0% in July and 36.0% in June. On a monthly basis, producer prices rose 5.0%, after a 4.0% increase in July. Excluding energy prices, producer prices rose 0.3% on a monthly basis in August. That was up 0.6% a month earlier.
Japan’s services sector grew again in September, the economy as a whole increased also. Final figures from S&P Global also showed this on Wednesday. The purchasing managers’ index for the services sector came in at 52.2 in September against 49.5 in August. The preliminary index pointed to a reading of 51.9. Japan’s purchasing managers’ index for manufacturing was found on Monday to have fallen to 50.8 in September from 51.5 in August. This nevertheless pushed the composite index up from 49.4 to 51.0, narrowly ahead of the provisional reading of 50.9.
Orders placed at US factories remained stable in August, in line with market expectations. This was revealed by US government figures on Tuesday. The unchanged level follows a 1.0% decline in July. Orders excluding defense fell 0.3% in August and those excluding transport rose 0.2%.
The 6M Euribor decreased with 3 basis points to 1.78% compared to previous business day. The 10Y Swap decreased with 6 basis points to 2.82% 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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