France Consumer Price Index (MoM) For September -0.5% Vs. -0.5% Est.; 1% Prior
Portfolio Pulse from Benzinga Newsdesk
France's Consumer Price Index (CPI) for September has been reported at -0.5%, in line with estimates, but lower than the 1% reported in the prior month.
October 13, 2023 | 6:46 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
The reported CPI for France, which is in line with estimates but lower than the prior month, may impact the performance of the iShares MSCI France ETF (EWQ).
The Consumer Price Index (CPI) is a key economic indicator that can influence market sentiment. A lower-than-previous CPI indicates a decrease in inflation, which can impact the value of the country's currency and, in turn, the performance of ETFs like EWQ that track the country's stock market.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100