Eurozone Consumer Price Index Preliminary (YoY) (July) 5.3% Vs. 5.3% Est.; 5.5% Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Consumer Price Index (CPI) for July was reported at 5.3%, in line with estimates but slightly lower than the previous month's 5.5%.
July 31, 2023 | 9:07 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The Vanguard FTSE Europe ETF (VGK) could be impacted by the reported Eurozone CPI, as it tracks the performance of many European companies.
The Eurozone CPI is a key economic indicator that can influence the performance of European stocks. VGK, which tracks a broad range of European companies, could be affected by these CPI figures. However, as the CPI came in line with estimates, the impact may be neutral in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75