Eurozone Consumer Price Index (MoM) Preliminary For July 0.0% Vs. 0.2% Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Consumer Price Index (CPI) for July remained flat at 0.0%, compared to a 0.2% increase in the previous month. This indicates a slowdown in inflationary pressures within the Eurozone.
July 31, 2024 | 9:28 am
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The Eurozone CPI for July remained flat at 0.0%, indicating a slowdown in inflationary pressures. This could impact the Vanguard FTSE Europe ETF (VGK), which is exposed to European markets.
A flat CPI suggests reduced inflationary pressures, which could signal weaker economic growth in the Eurozone. This may negatively impact the Vanguard FTSE Europe ETF (VGK) as it is heavily invested in European markets.
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