欧洲股市周二收盘微涨，延续了前一交易日的反弹，市场评估了一批盈利报告和关键经济数据。欧元区STOXX 50指数上涨0.2%，至5253点，泛欧STOXX 600指数微涨0.1%，至541点。在酒精饮料生产商公布乐观的盈利报告后，百威英博股价上涨超过2%，追随帝亚吉欧在伦敦的股价。与此同时，法拉利上涨2.5%，从最近的负面势头中得到了一些喘息，而西门子、空客和巴斯夫收盘上涨超过1%，延续了昨天的反弹。反过来，英飞凌凭借强劲的季度业绩飙升了近5%。这家德国芯片公司的表现优于更广泛的行业，在美国总统特朗普表示他的政府将在一周内公布新的半导体关税后，ASML下跌了近1%。在欧元区以外，瑞士股市表现优异，从昨天的下跌中反弹，因为瑞士代表团计划在本周前与美国谈判降低关税。

European stocks closed slightly higher on Tuesday, extending the rebound from the prior session as markets assessed a batch of earnings reports and key economic data. The Eurozone's STOXX 50 added 0.2% to 5,253 and the pan-European STOXX 600 inched 0.1% higher to 541. AB InBev jumped over 2%, tracking Diageo stocks in London after the alcoholic beverage producers reported optimistic earnings reports. In the meantime, Ferrari added 2.5% to enjoy some respite from its recent negative momentum ,while Siemens, Airbus, and BASF closed over 1% up and extend yesterday's rebound. In turn, Infineon surged nearly 5% on strong quarterly results. The German chip company outperformed the broader sector, with ASML losing nearly 1% after US President Trump said that his administration will unveil new tariffs on semiconductors within a week. Outside the Eurozone, Swiss stocks outperformed to rebound from yesterday's losses as its delegation aimed to negotiate lower tariffs with the US by this week.

2025年6月，欧元区生产者价格通胀率同比加速至0.6%，高于5月的0.3%，略高于市场预期的0.5%。耐用消费品（1.5%对5月份的1.4%）和非耐用消费品的价格增长都有所加强（2.0%对1.9%）。能源价格下降速度较慢（-0.1%对-1.5%），而资本货物通胀率稳定在1.7%。与此同时，中间产品成本下降了0.1%，这是自2024年11月以来的首次下降。6月份，生产者价格指数环比上涨0.8%，结束了连续三个月的大幅下跌。

Eurozone producer price inflation accelerated to 0.6% year-over-year in June 2025, rising from 0.3% in May and slightly exceeding market expectations of 0.5%. Price growth strengthened for both durable consumer goods (1.5% vs. 1.4% in May) and non-durable consumer goods (2.0% vs. 1.9%). Energy prices declined at a slower rate (-0.1% vs. -1.5%), while capital goods inflation remained steady at 1.7%. Meanwhile, intermediate goods costs fell by 0.1%, marking the first decrease since November 2024. On a monthly basis, producer prices rose 0.8% in June, ending three consecutive months of steep declines.

2025年6月，欧元区工业生产者价格环比上涨0.8%，结束了连续三个月的大幅下跌，符合市场预期。能源成本大幅反弹，在5月份下降2.2%后上涨3.2%。非耐用消费品价格小幅上涨0.2%（低于5月份的0.3%），而耐用消费品和资本品价格均上涨0.1%，后者与上月持平。与此同时，中间产品成本连续第三个月下降，下降0.2%。按年度计算，6月份生产者价格通胀率从5月份的0.3%加速至0.6%，略高于市场预测的0.5%。

Euro area industrial producer prices rose 0.8% month-on-month in June 2025, ending three consecutive months of steep declines and aligning with market expectations. Energy costs rebounded sharply, increasing by 3.2% following a 2.2% drop in May. Prices for non-durable consumer goods edged up 0.2% (down from 0.3% in May), while durable goods and capital goods prices both rose by 0.1%, the latter matching the previous month’s pace. Meanwhile, costs for intermediate goods declined for the third straight month, falling 0.2%. On an annual basis, producer price inflation accelerated to 0.6% in June, up from 0.3% in May and slightly surpassing market forecasts of 0.5%.

HCOB欧元区服务业采购经理人指数在2025年7月微升至51.0，高于6月的50.5，但略低于初步估计的51.2。尽管如此，该数据表明服务业产出是自3月以来增长最快的。然而，欧元区服务公司即将到来的新工作与上个月基本保持不变。新出口订单连续第26个月下降，尽管下降幅度不大，是自4月以来最疲软的。未结业务继续下降，这是自2024年5月以来的趋势，7月略有加速。尽管如此，就业增长仍在持续，净招聘人数以与前两个月一致的温和速度增长。在定价方面，投入成本通胀降至去年10月以来的最低水平，而产出价格涨幅与6月相比略有放缓。

The HCOB Eurozone Services PMI edged up to 51.0 in July 2025, rising from 50.5 in June but slightly below the preliminary estimate of 51.2. Despite this, the reading signaled the fastest growth in service sector output since March. However, incoming new work for eurozone service firms remained largely unchanged from the previous month. New export orders fell for the 26th consecutive month, though the decline was modest and the softest since April. Outstanding business continued to decrease—a trend ongoing since May 2024—accelerating slightly in July. Nonetheless, employment growth persisted, with net hiring increasing at a mild pace consistent with the prior two months. On the pricing front, input cost inflation eased to its slowest rate since October last year, while output price increases softened slightly compared to June.