Eurozone Core Consumer Price Index (YoY) For August Unchanged At 5.3% Vs. 5.3% Est.
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Core Consumer Price Index (YoY) for August remained unchanged at 5.3%, in line with estimates.
September 19, 2023 | 9:00 am
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NEUTRAL IMPACT
The unchanged Eurozone Core CPI for August is likely to have a neutral impact on VGK as it aligns with estimates.
The Eurozone Core CPI is a key economic indicator that can influence the performance of European stocks. VGK, an ETF that tracks European stocks, could be affected by changes in this index. However, as the index remained unchanged and in line with estimates, it is unlikely to cause significant movement in VGK's price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70