Reported Earlier, Eurozone Core Consumer Price Index (YoY) Preliminary For August 2.8% Vs. 2.8% Est.; 2.9% Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Core Consumer Price Index (CPI) for August was reported at 2.8% year-over-year, matching the estimated figure and slightly below the prior month's 2.9%.
August 30, 2024 | 10:33 am
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NEUTRAL IMPACT
The Eurozone Core CPI for August was reported at 2.8%, matching expectations and slightly below the previous month's 2.9%. This stability in inflation could impact the Vanguard FTSE Europe ETF (VGK), which is exposed to European markets.
VGK, being an ETF that tracks European markets, could be influenced by the Eurozone's inflation data. The CPI meeting expectations suggests stability, which may not lead to significant short-term price movements for VGK.
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