Eurozone Core Consumer Price Index (YoY) For September 4.5% Vs. 4.5% Est.; 5.3% Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Core Consumer Price Index (YoY) for September was reported at 4.5%, in line with estimates but lower than the previous figure of 5.3%.
October 18, 2023 | 9:01 am
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NEUTRAL IMPACT
The Vanguard FTSE Europe ETF (VGK) could be impacted by the reported Eurozone Core CPI, as it tracks the performance of many European companies.
The Eurozone Core CPI is a key economic indicator that can influence the performance of European stocks. VGK, which tracks a broad range of European companies, could be impacted by these figures. However, as the CPI matched estimates, the impact may be neutral in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75