France Gross Domestic Product (YoY) Preliminary For Q3 0.7% Vs. 0.9% Prior
Portfolio Pulse from Benzinga Newsdesk
France's preliminary Gross Domestic Product (GDP) for Q3 has been reported at 0.7%, lower than the prior quarter's 0.9%.
October 31, 2023 | 6:32 am
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NEGATIVE IMPACT
The lower GDP growth in France for Q3 may impact the performance of the iShares MSCI France ETF (EWQ).
The iShares MSCI France ETF (EWQ) tracks the performance of the French market. A lower GDP growth rate indicates a slowing economy, which could negatively impact the performance of the ETF in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100