France Consumer Price Index (MoM) Preliminary For July 0.1% Vs. 0.3% Est.; 0.1% Prior
Portfolio Pulse from Benzinga Newsdesk
The preliminary Consumer Price Index (CPI) for France in July increased by 0.1% month-over-month, falling short of the estimated 0.3% and matching the prior month's increase of 0.1%.
July 31, 2024 | 6:51 am
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The iShares MSCI France ETF (EWQ) may experience short-term volatility due to the lower-than-expected CPI increase in France, which could signal weaker economic conditions.
The lower-than-expected CPI increase suggests weaker inflationary pressures, which could be interpreted as a sign of weaker economic conditions in France. This may lead to short-term volatility in the iShares MSCI France ETF (EWQ).
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