Eurozone Consumer Price Index (MoM) Preliminary 0.1%Vs. 0.3% Est.; 0.3% Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Consumer Price Index (CPI) has shown a preliminary month-on-month increase of 0.1%, which is lower than the estimated 0.3% and the prior figure of 0.3%.
October 31, 2023 | 10:06 am
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The lower than expected Eurozone CPI may impact the Vanguard FTSE Europe ETF (VGK), as it reflects the economic health of the region.
The Eurozone CPI is a key economic indicator that reflects the health of the region's economy. A lower than expected figure may indicate slower economic growth, which could negatively impact the performance of VGK, an ETF that tracks the performance of the European stock market.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80