France Harmonised Index of Consumer Prices (MoM) For August 0.6% Vs. 0.6% Est.; 0.2% Prior
Portfolio Pulse from Benzinga Newsdesk
The Harmonised Index of Consumer Prices (HICP) in France for August increased by 0.6% month-over-month, matching the estimated growth and showing an increase from the prior month's 0.2%.
September 13, 2024 | 6:46 am
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NEUTRAL IMPACT
The iShares MSCI France ETF (EWQ) may see a neutral impact as France's HICP for August rose by 0.6%, matching expectations and indicating stable inflation trends.
The HICP data aligns with expectations, suggesting no surprise inflationary pressures. This stability is likely to result in a neutral impact on EWQ, as the ETF tracks the French market, which is not expected to react strongly to anticipated inflation data.
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