France Harmonised Index of Consumer Prices (MoM) Preliminary For October 0.3% Vs. 0.2% Est.; -1.3% Prior
Portfolio Pulse from Benzinga Newsdesk
The preliminary Harmonised Index of Consumer Prices (HICP) for France in October increased by 0.3% month-over-month, surpassing the estimated 0.2% and improving from the previous month's -1.3%.
October 31, 2024 | 8:04 am
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POSITIVE IMPACT
The iShares MSCI France ETF (EWQ) may see a positive impact as France's HICP for October increased by 0.3%, surpassing expectations and showing improvement from the previous month.
The increase in France's HICP suggests a stronger economic environment, which could positively impact French equities. As EWQ tracks French stocks, it may experience a positive short-term impact.
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IMPORTANCE 70
RELEVANCE 80