新华财经法兰克福1月7日电（记者马悦然）欧盟统计局公布的初步数据显示，2025年12月欧元区按统一 消费者价格指数（HICP）计算的同比通胀率预计为2.0%，低于11月的2.1%，显示整体物价上涨有所放 缓。 分析认为，能源价格下降在一定程度上缓解了居民生活成本压力，但服务价格的持续上涨仍对家庭支出 构成压力，整体通胀结构性风险尚未完全消退。 （文章来源：新华财经） 从分项来看，能源价格继续下降，是整体通胀率下降的主要原因；而服务价格上涨依然是整体通胀的主 要推动因素，同比增长3.4%，略低于前月水平。食品、酒精和烟草价格同比上涨2.6%，非能源工业品 通胀率低位徘徊，仅增长0.4%。 分国别看，德国12月通胀率回落至2.0%，法国降至0.7%，意大利为1.2%，西班牙、奥地利等国通胀仍 相对较高。 ...

成员国差异显著：年通胀率最高为罗马尼亚(8.6%)，其次为爱沙尼亚(4.7%)与克罗地亚(4.3%)；最低为 塞浦路斯(0.1%)，其后是法国(0.8%)和意大利(1.1%)。(驻波黑使馆经商处) 波黑国家台12月17日报道。欧盟统计局周三发布最终数据显示，欧元区11月消费者通胀年率稳定在 2.1%，与10月持平，略低于此前2.2%的初步预估值，但仍高于欧洲央行设定的2%中期通胀目标。 服务业成为主要拉动因素，价格同比上涨3.5%；食品、酒精与烟草价格上涨2.4%；非能源工业品价格 微升0.5%；能源价格同比下降0.5%，延续10月下降趋势，是抑制整体通胀的主要因素。核心通胀(剔除 波动较大的能源与食品价格)同比上涨2.4%，与上月及初步预估一致。 ...

Group 1 - The U.S. non-farm payroll report, originally scheduled for release this Friday, has been postponed to December 16 due to the government shutdown, complicating predictions for the Federal Reserve's interest rate decision on December 11 [3] - The upcoming ADP data for November, set to be released on Wednesday, is seen as a critical indicator in the absence of the non-farm payroll data, with a previous value of 42,000 and a pessimistic forecast of 20,000 [4] - The Eurozone's harmonized CPI year-on-year for November is expected to rise slightly to 2.2%, while the core CPI is projected to increase to 2.5%, indicating a stable inflation outlook above 2% [6][8] Group 2 - The labor market in the U.S. faces significant challenges, including the impact of immigration policies and AI replacing basic jobs, which could hinder recovery in the short term [4] - The stability of Eurozone inflation data supports expectations that the European Central Bank will maintain interest rates, with the next decision on December 18 anticipated to be unchanged [8] - The potential for a higher likelihood of a rate cut by the Federal Reserve could lead to an appreciation of the Euro against the Dollar [8]

Core Insights - The European Commission's "Autumn Economic Forecast 2025" indicates that economic growth in the Eurozone is expected to exceed previous expectations in the first three quarters of 2025 [1] Economic Growth - The Eurozone's real GDP is projected to grow by 1.3% in 2025, 1.2% in 2026, and 1.4% in 2027 [1] - EU member states are expected to see GDP growth of 1.4% in 2025 and 2026, with a slight increase to 1.5% in 2027 [1] Inflation Trends - The Eurozone's inflation rate is anticipated to continue declining, reaching 2.1% in 2025 and maintaining around 2% throughout the forecast period [1] - The EU's inflation rate is expected to be slightly higher, decreasing to 2.2% by 2027 [1] Economic Activity - The initial strong growth was driven by a surge in exports in response to anticipated tariff increases, yet the EU economy continued to grow in the third quarter [1] - Despite a challenging external environment, economic activity is expected to continue expanding at a moderate pace during the forecast period [1]

Core Points - The Eurozone's annual inflation rate for October is reported at 2.1%, down from 2.2% in September, supporting the European Central Bank's decision to maintain interest rates [1] - European stock markets showed a cautious trading environment with mixed earnings reports from several well-known companies, leading to a decline in major indices [1] Group 1 - The European Central Bank's decision to keep interest rates unchanged is validated by the decrease in the inflation rate [1] - The Eurozone's inflation rate decrease indicates a potential easing of economic pressures [1] Group 2 - European stock indices closed lower, with the FTSE 100 down by 0.44%, CAC 40 down by 0.44%, and DAX down by 0.67% [1] - The mixed earnings reports from major companies contribute to the overall cautious sentiment in the market [1]

Core Insights - The Eurozone's inflation rate for October is reported at 2.1%, a slight decrease from 2.2% in September, remaining above the European Central Bank's (ECB) medium-term target level [1] - The ECB has decided to maintain its three key interest rates unchanged for the third consecutive time since July, indicating a stable outlook on inflation [1] Inflation Data - Food and tobacco prices increased by 2.5% in October - Service prices rose by 3.4% - Non-energy industrial goods prices saw a 0.6% increase - Energy prices decreased by 1.0% - The core inflation rate, excluding energy, food, and tobacco, remained stable at 2.4% compared to September [1] Country-Specific Inflation Rates - Germany's inflation rate for October is 2.3% - France's inflation rate stands at 0.9% - Italy's inflation rate is reported at 1.3% - Spain's inflation rate is at 3.2% [1] ECB's Position - ECB President Lagarde stated that the current inflation rate in the Eurozone is still close to the 2% medium-term target - The ECB's overall assessment of the inflation outlook remains unchanged [1]

Core Points - The European Central Bank (ECB) announced on September 11 to maintain three key interest rates: the deposit rate at 2%, the main refinancing rate at 2.15%, and the marginal lending rate at 2.4% [1] - The ECB's latest forecast predicts the Eurozone inflation rate to be 2.1% in 2025, decreasing to 1.7% in 2026, and then rising to 1.9% in 2027. The core inflation rate is expected to reach 2.4% in 2025, drop to 1.9% in 2026, and further decline to 1.8% in 2027 [1] - Economic growth in the Eurozone is projected to be 1.2% for this year, with an expected growth of 1% in 2026 and an increase to 1.3% in 2027. The growth forecast for 2025 has been revised upward from 0.9% in June [1]

Core Viewpoint - The European Central Bank (ECB) has decided to maintain the key interest rates in the Eurozone unchanged during its monetary policy meeting held in Frankfurt on September 11, 2023 [1] Interest Rates - The ECB has kept the deposit facility rate at 2.00%, the main refinancing rate at 2.15%, and the marginal lending rate at 2.40% [1] Rate Changes - Since starting the rate cut process in June 2024, the ECB has reduced rates eight times, with the last decision in July 2023 to hold rates steady [1] Inflation and Economic Growth Forecasts - The current inflation rate in the Eurozone is approximately 2%, which is close to the medium-term target set by the ECB [1] - The latest forecast from the ECB indicates that the economic growth rate for the Eurozone in 2025 is expected to be 1.2%, an increase from the previous prediction of 0.9% made in June 2023 [1] - The growth forecast for 2026 has been slightly adjusted down to 1.0%, while the 2027 growth forecast remains unchanged at 1.3% [1]

Core Viewpoint - The Eurozone's inflation rate for August is reported at 2.1% year-on-year, an increase from July's rate of 2.0% [1] Group 1 - The Eurozone's inflation rate has risen to 2.1% in August, indicating a slight upward trend in inflation [1]

Group 1 - In the first half of the year, the contribution rate of final consumption to economic growth reached 52% [1] - The marine production value in the first half of the year was 5.1 trillion yuan, with a year-on-year growth of 5.8% [2] - The software business revenue in the first half of the year reached 70,585 billion yuan, showing a year-on-year growth of 11.9% [2] Group 2 - The number of domestic tourist trips in the first half of 2025 is projected to be 3.285 billion, an increase of 20.6% year-on-year [1] - The textile industry saw an industrial added value growth of 3.1% from January to June [2] - The European Union reported a year-on-year inflation rate of 2.0% for July [3]