According to Jinshi, Claus Vistesen, an analyst at Pansen Macroeconomics, said in a report that the energy effect will push up eurozone inflation in December. The eurozone's overall CPI rose 2.4% year-on-year in November, and energy prices fell significantly year-on-year. However, the base effect in the energy sector will reverse this trend in December, and the uncertainty caused by geopolitical tensions in the Red Sea may push up oil and gas prices. According to Pansen Macroeconomics, the core inflation rate, which excludes energy and food prices, should continue to slow, from 3.6% in November to 3.4% in December, while the overall inflation rate should climb to 2.8%.