Eurozone Core Consumer Price Index (YoY) Preliminary For October 2.7% Vs. 2.6% Est.; 2.7% Prior
Portfolio Pulse from Benzinga Newsdesk
The Eurozone Core Consumer Price Index (CPI) for October has been reported at 2.7% year-over-year, matching the prior month's figure and slightly above the estimated 2.6%.
October 31, 2024 | 10:08 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
The Eurozone Core CPI for October is reported at 2.7%, slightly above expectations. This could impact VGK, an ETF that tracks European stocks, as inflation data can influence market sentiment and monetary policy expectations.
VGK, an ETF tracking European stocks, could be influenced by the Eurozone CPI data as it affects inflation expectations and monetary policy. However, the impact is neutral in the short term as the CPI figure is only slightly above estimates.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50