Eurozone Consumer Price Index (MoM) Preliminary 0.3% Vs. 0.5% Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Consumer Price Index (CPI) has seen a preliminary month-on-month increase of 0.3%, which is lower than the prior increase of 0.5%.
September 29, 2023 | 9:02 am
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The lower-than-expected increase in the Eurozone CPI may impact the performance of the Vanguard FTSE Europe ETF (VGK), which tracks the performance of the European stock market.
The Eurozone CPI is a key economic indicator that can influence the performance of the European stock market. A lower-than-expected increase in the CPI may signal a slower economic growth, which could negatively impact the performance of VGK, an ETF that tracks the European stock market.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80