Eurozone Industrial Production (MoM) For July -0.3% Vs. -0.6% Est.; -0.1% Prior
Portfolio Pulse from Benzinga Newsdesk
Eurozone industrial production for July decreased by 0.3%, which is better than the estimated decline of 0.6% and an improvement from the previous month's 0.1% decrease.
September 13, 2024 | 9:00 am
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The Eurozone industrial production data for July, showing a smaller decline than expected, could positively impact VGK, an ETF that tracks European stocks.
VGK, an ETF tracking European stocks, is likely to benefit from the better-than-expected Eurozone industrial production data. A smaller decline suggests potential stability in the European economy, which could boost investor confidence in European equities.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70