U.K. Consumer Price Index (MoM) For September 0.5% Vs. 0.5% Est.; 0.3% Prior
Portfolio Pulse from Benzinga Newsdesk
The U.K. Consumer Price Index (CPI) for September was reported at 0.5%, in line with estimates and higher than the previous month's 0.3%.
October 18, 2023 | 6:01 am
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NEUTRAL IMPACT
The U.K. CPI data for September, which came in line with estimates, may have a neutral impact on the iShares MSCI United Kingdom ETF (EWU).
The U.K. CPI data is a key economic indicator that can influence the performance of U.K.-related ETFs like EWU. However, since the data came in line with estimates, it's unlikely to cause significant price movement in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75