Eurozone Consumer Price Index (YoY) Preliminary For July 2.6% Vs. 2.5% Est.; 2.5% Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Consumer Price Index (CPI) for July came in at 2.6% year-over-year, slightly above the estimated 2.5% and the prior 2.5%.
July 31, 2024 | 9:28 am
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The Eurozone CPI for July increased to 2.6% YoY, slightly above expectations. This could impact the Vanguard FTSE Europe ETF (VGK) as it reflects economic conditions in Europe.
The slight increase in the Eurozone CPI indicates higher inflation than expected, which could affect European markets. VGK, being an ETF that tracks European stocks, may see some short-term volatility as investors react to the inflation data.
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