Eurozone Industrial Production (MoM) For March 0.6% Vs. 0.5% Est.; 1.0% (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
Eurozone Industrial Production for March increased by 0.6%, surpassing the estimated 0.5% but lower than the revised 1.0% for the previous month.
May 15, 2024 | 9:27 am
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POSITIVE IMPACT
The Vanguard FTSE Europe ETF (VGK) may see a positive impact due to the better-than-expected Eurozone Industrial Production for March.
The better-than-expected industrial production figures suggest a stronger economic environment in the Eurozone, which could positively impact European equities held by VGK.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50