France Consumer Price Index (MoM) Preliminary for October 0.1% Vs. 0.2% Est.; -0.5% Prior
Portfolio Pulse from Benzinga Newsdesk
France's preliminary Consumer Price Index (CPI) for October came in at 0.1%, lower than the estimated 0.2% and significantly higher than the previous month's -0.5%.
October 31, 2023 | 7:47 am
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The lower than expected CPI in France could impact the iShares MSCI France ETF (EWQ) as it reflects the performance of the French economy.
The Consumer Price Index (CPI) is a key indicator of economic health. A lower than expected CPI suggests weaker inflation, which could be a sign of a slowing economy. This could negatively impact the performance of the iShares MSCI France ETF (EWQ), which tracks the French market.
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