France Harmonised Index of Consumer Prices (MoM) Preliminary For October 0.2% Vs. 0.2% Est.; -0.6% Prior
Portfolio Pulse from Benzinga Newsdesk
The France Harmonised Index of Consumer Prices (HICP) for October has been reported at 0.2%, in line with estimates, but showing an improvement from the -0.6% reported in the prior month.
October 31, 2023 | 7:49 am
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The France HICP for October, which is in line with estimates, indicates a recovery in the French economy. This could potentially have a positive impact on the iShares MSCI France ETF (EWQ).
The Harmonised Index of Consumer Prices (HICP) is a measure of inflation and economic health. A recovery in this index, as seen in October, indicates an improvement in the French economy. As EWQ tracks the performance of the French market, this recovery could potentially lead to a positive impact on the ETF's performance.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80