Market Information Friday 1 September 2023

The Dutch industry struggled in August, despite an increase in the Purchasing Managers’ Index. This was revealed in the figures from Nevi on Friday. The Purchasing Managers’ Index for the Dutch industry increased from 45.3 in July 2023 to 45.9 in August 2023, as reported on Friday.

The Chinese industry grew again in August, as revealed by S&P Global’s data on Friday. The Purchasing Managers’ Index for the Chinese industry increased from 49.2 in July 2023 to 51.0 in August 2023. Economist Wang Zhe from Caixin emphasized that this is the third time in four months that the index has indicated growth.

As expected, the US core inflation in July 2023 was slightly higher than the previous month. This was revealed on Thursday by the US government. On an annual basis, the PCE core inflation in July 2023 was reported at 4.2%, up from 4.1% in June 2023. The reported inflation was in line with the expectations from the economists.

The 6M Euribor increased with 2 basis points to 3.96% compared to previous business day. The 10Y Swap decreased with 9 basis points to 3.04% 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.