Eurozone Core Consumer Price Index (YoY) Preliminary 5.3% Vs. 5.3% Est.; 5.5% Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Core Consumer Price Index (YoY) preliminary figure is reported at 5.3%, in line with estimates but lower than the previous figure of 5.5%.
August 31, 2023 | 9:04 am
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The Vanguard FTSE Europe ETF (VGK) may be impacted by the Eurozone Core CPI data, as it tracks the performance of European stocks. The lower CPI figure may indicate slower economic growth, potentially affecting VGK's performance.
The Eurozone Core CPI is a key economic indicator that can influence the performance of European stocks. VGK, which tracks these stocks, may be affected by changes in this data. The lower CPI figure may suggest slower economic growth, which could negatively impact the performance of VGK.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80