在米兰，富时MIB指数周二下跌682点，跌幅1.61%。亏损最多的是意法半导体（-3.89%）、Interump Group（-3.83%）和Leonardo SpA（-3.63%）。

In Milan, the FTSE MIB Index fell 682 points or 1.61 percent on Tuesday. Leading the losses are STMicroelectronics (-3.89%), Interpump Group (-3.83%) and Leonardo SpA (-3.63%).

周二，富时MIB指数下跌1.6%，收于41728点，受欧洲市场普遍抛售的银行拖累。投资者权衡了新的经济数据和即将召开的央行会议，市场预计美联储将降息，而欧洲央行则持谨慎立场。在意大利，7月份工业生产者价格环比上涨0.5%，同比上涨1.6%，低于6月份的2.4%。欧元区通胀率从7月份的2.0%上升至8月份的2.1%，与预期相符，接近欧洲央行的目标。在企业新闻方面，MPS（-3%）提高了对Mediobanca（-2.7%）的收购报价，每股增加0.90欧元现金，比周一的价格溢价0.6%，比1月份的水平溢价11.4%。联合信贷银行（-2.2%）和联合圣保罗银行（-1.7%）也下跌。

The FTSE MIB dropped 1.6% to close at 41,728 on Tuesday, dragged down by banks in a broad European market selloff. Investors weighed new economic data and upcoming central bank meetings, with markets pricing in a Fed rate cut while the ECB holds a cautious stance. In Italy, industrial producer prices rose 0.5% month-on-month and 1.6% year-on-year in July, down from 2.4% in June. Eurozone inflation ticked up to 2.1% in August from 2.0% in July, matching expectations and staying near the ECB’s target. In corporate news, MPS (-3%) sweetened its takeover bid for Mediobanca (-2.7%) with an added €0.90 cash component per share, offering a 0.6% premium to Monday’s price and 11.4% to January levels. Unicredit (-2.2%) and Intesa Sanpaolo (-1.7%) also declined.

意大利10年期政府债券收益率飙升至3.7%，为5月中旬以来的最高水平，而30年期借贷成本攀升至3月中旬以来从未见过的水平，反映出欧洲各地日益增长的财政担忧。投资者对欧洲不断增长的国防开支和德国计划的基础设施投资越来越担忧。在法国，在定于9月8日举行的总理信任投票之前，该国的债务负担仍然是一个关键问题。与此同时，8月份欧元区通胀率加速至2.1%，略高于市场预期和欧洲央行2%的目标，强化了人们对央行将在下周会议上保持利率不变的预期。

Italy’s 10-year government bond yield surged toward 3.7%, its highest since mid-May, while 30-year borrowing costs climbed to levels not seen since mid-March, reflecting growing fiscal worries across Europe. Investor concerns are mounting over Europe’s rising defense spending and Germany’s planned infrastructure investments. In France, the country’s debt burden remains a key issue ahead of the prime minister’s confidence vote scheduled for September 8. Meanwhile, eurozone inflation accelerated to 2.1% in August, slightly above both market expectations and the ECB’s 2% target, reinforcing expectations that the central bank will keep interest rates unchanged at next week’s meeting.

2025年7月，意大利的年度工业生产者通胀率从6月的2.4%降至1.6%，为2024年12月以来的最低水平。在国内市场，由于焦炭和精炼石油产品的下降（-7.4%），增长从6月份的3.9%放缓至2.4%，而电力和天然气的增长从12.9%放缓至7.9%。在国外市场，整体价格上涨了0.1%，而6月份的涨幅为0.2%。在欧元区，成本上涨0.4%，与上月持平，主要原因是运输设备（+4.4%）、食品、饮料和烟草（+3.9%）以及木材、纸张和印刷（+3.3%）的增长，而焦炭和精炼石油产品下降了9.9%。在非欧元区，价格下跌0.2%（对-0.4%），主要原因是焦炭和精炼石油成本下降（-7.8%）。按月计算，生产者价格指数上涨0.5%，较前一时期1.4%的涨幅有所缓和。

The annual industrial producer inflation in Italy eased to 1.6% in July 2025, down from 2.4% in June, marking the lowest reading since December 2024. In the domestic market, growth eased to 2.4% from 3.9% in June, driven by a decline in coke and refined petroleum products (-7.4%), while electricity and gas moderated to a 7.9% rise from 12.9%. In foreign markets, overall prices were up 0.1%, compared with a 0.2% increase in June. In the Euro Area, costs rose 0.4%, unchanged from a month earlier, led by increases in transportation equipment (+4.4%), food, beverages, and tobacco (+3.9%), and wood, paper, and printing (+3.3%), while coke and refined petroleum products fell 9.9%. In the non-Euro Area, prices fell 0.2% (vs -0.4%), mainly due to lower costs of coke and refined petroleum (-7.8%). On a monthly basis, producer prices rose 0.5%, moderating from a 1.4% jump in the previous period.