Eurozone Consumer Price Index (MoM) For January -0.4% Vs. Vs. -0.4% Est.; 0.2 Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Consumer Price Index (CPI) for January showed a month-over-month decrease of 0.4%, aligning with the estimated -0.4% and marking a decline from the previous month's 0.2% increase.
February 22, 2024 | 10:02 am
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The reported decrease in the Eurozone CPI for January may lead to cautious investor sentiment towards European markets, potentially impacting VGK.
VGK, which tracks European equities, may see short-term price pressure as the CPI decrease indicates weaker consumer spending and potential economic slowdown. This could lead to cautious or negative investor sentiment towards European markets.
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