Germany Consumer Price Index (MoM) For September Unchanged At 0.3% Vs. 0.3% Est.
Portfolio Pulse from Benzinga Newsdesk
Germany's Consumer Price Index (CPI) for September remained unchanged at 0.3%, in line with estimates.
October 11, 2023 | 6:01 am
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NEUTRAL IMPACT
The unchanged CPI in Germany, which matches estimates, may not significantly impact the iShares MSCI Germany ETF (EWG).
The Consumer Price Index (CPI) is a key economic indicator that can influence market sentiment. However, as the CPI for Germany in September was as expected, it is unlikely to cause significant volatility for the iShares MSCI Germany ETF (EWG), which tracks the performance of the German equity market.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70