France Consumer Price Index (MoM) For August 1% Vs. 1% Est.; 0.1% Prior
Portfolio Pulse from Benzinga Newsdesk
France's Consumer Price Index (CPI) for August matched the estimated 1%, showing an increase from the prior 0.1%.
September 15, 2023 | 6:53 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The iShares MSCI France ETF (EWQ) could be impacted by the reported increase in France's CPI for August.
The CPI is a key economic indicator that can influence market sentiment. The increase in France's CPI, which matches estimates, could be seen as a positive sign for the French economy. This could potentially lead to increased investor confidence in French stocks, which would impact the EWQ ETF, as it tracks the performance of large and mid-sized companies in France.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80