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.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80