Eurozone Core Consumer Price Index (YoY) Preliminary 4.2% Vs. 4.2% Est.; 4.5% Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Core Consumer Price Index (YoY) preliminary report shows a 4.2% increase, matching the estimated value but lower than the previous 4.5%.
October 31, 2023 | 10:04 am
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NEUTRAL IMPACT
The Vanguard FTSE Europe ETF (VGK) may be impacted by the Eurozone Core CPI data, as it tracks the performance of European stocks.
The Eurozone Core CPI data is a key economic indicator that can influence the performance of European stocks. As VGK tracks these stocks, any significant changes in the CPI data can potentially impact the ETF's performance. However, as the data was in line with estimates, the impact may be neutral in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70