Core Insights - Eurozone inflation has slightly decreased to 2.1% in October from 2.2% in September, still above the 2% target, indicating persistent price stickiness, particularly in the services sector [1][3] - Core inflation remains unchanged at 2.4%, slightly above the market expectation of 2.3%, highlighting ongoing concerns about underlying price pressures [3] - The European Central Bank (ECB) has maintained interest rates at 2% for the third consecutive meeting, with President Lagarde noting that the assessment of inflation prospects has not significantly changed, although uncertainties remain high [3] Inflation Trends - The decline in overall inflation is attributed to a slowdown in food price increases and a notable decrease in industrial goods prices, which offset a slight acceleration in service prices [1] - France's inflation rate for October is reported at 0.9%, down from 1.1% in September, driven by a 5.6% drop in energy prices, while food price growth has slowed from 1.7% to 1.3% [4] - Germany's inflation rate for October stands at 2.3%, continuing to exceed the ECB's target, indicating persistent price pressures in the Eurozone's largest economy [5] Divergence Among Member States - There is significant divergence in inflation levels among Eurozone member states, with France consistently below the ECB's target for over a year, while Germany remains above the target [4][5] - The ECB's upcoming quarterly forecast in December will include projections for 2028, potentially reigniting discussions on the need for further monetary policy easing [3]
欧元区10月调和CPI初值2.1%,核心同比意外维持2.4%,服务业加速上涨
Hua Er Jie Jian Wen·2025-10-31 12:55