The manufacturing industry in Germany received 3.7% fewer orders in May versus April, according to figures from the German statistical office Destatis. With a decrease of 7%, especially exporting companies saw their order books decrease. Although domestic orders continued to increase, by 1%.
Exports of goods to Germany from the Netherlands grew by 10.5% in the first four months of the year compared to a year earlier, according to figures published by Statistics Netherlands (CBS) on Tuesday. Exports were higher than in the corona year 2020 and almost 5% higher than in 2019. The value of exports of goods to Germany in the first four months of this year amounted to almost EUR 41 billion.
Inflation in Turkey has risen even more than expected. Consumer good prices rose by 17.5% in June, as was announced on Monday. Economists, polled by Bloomberg news agency, initially assumed a percentage of 16.8%. A month earlier, inflation was still 16.6% on a yearly basis.
The 6M Euribor is unchanged at -0.51% compared to previous business day. The 10Y Swap decreased with 5 basis points to 0.05% 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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