France Harmonised Index of Consumer Prices Preliminary (MoM) -0.6% Vs. -0.3% Vs. 1.1% Prior
Portfolio Pulse from Benzinga Newsdesk
France's Harmonised Index of Consumer Prices (HICP) has shown a preliminary month-on-month decrease of 0.6%, compared to the previous decrease of 0.3% and a prior increase of 1.1%.
September 29, 2023 | 6:50 am
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The decrease in France's HICP may impact the performance of the iShares MSCI France ETF (EWQ), which tracks the French market.
The Harmonised Index of Consumer Prices (HICP) is a measure of inflation and an indicator of the economic health of a country. A decrease in HICP indicates a decrease in inflation, which could potentially slow economic growth. This could negatively impact the performance of the iShares MSCI France ETF (EWQ), which tracks the French market.
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