奥地利10年期国债 (Austria10Y) 加自选

奥地利工业生产在8月份增长0.8%后，于2025年9月同比下降1.7%。工业（-1.3%）和建筑业（-3.1%）的产出下降。在主要工业集团中，能源（-8%）、耐用消费品（-8.6%）、非耐用消费品和资本货物（-5.1%）的产量均有所下降。另一方面，中间产品产量上升（5.8%）。经季节性调整的月度数据显示，工业生产下降了0.9%。

Industrial production in Austria fell 1.7% year-on-year in September 2025, after a 0.8% increase in August. Output fell in industry (-1.3%) and construction (-3.1%). Across the main industrial groupings, production fell for energy (-8%), consumer durables (-8.6%), non-durables (-2.1%) and capital goods (-5.1%). On the other hand, production rose for intermediate goods (5.8%). On a seasonally adjusted monthly basis, industrial production went down 0.9%.

奥地利的贸易逆差从去年同期的6亿欧元大幅扩大到2025年8月的19亿欧元。出口同比下降11.7%，至119.2亿欧元，受机械和车辆下降（-12%）的拖累，其次是化工产品（-18.9%）。对非欧盟国家（-33%）和欧盟国家（-0.9%）的出口均有所下降。与此同时，进口同比下降1.9%，至138.2亿欧元，原因是机械和车辆（-3%）、加工品（-4.5%）和其他制成品（-3.2%）的出货量下降。欧盟国家进口下降（-3.7%），但非欧盟国家进口增加（1.6%）。

Austria’s trade deficit widened significantly to EUR 1.90 billion in August 2025 from EUR 0.60 billion in the corresponding month of the previous year. Exports tumbled 11.7% year-on-year to EUR 11.92 billion, dragged down by a decrease in machinery and vehicles (-12%), followed by chemical products (-18.9%). Exports dropped to both non-EU countries (-33%) and EU countries (-0.9%). Meanwhile, imports contracted by 1.9% year-on-year to EUR 13.82 billion, attributed to lower shipments of machinery and vehicles (-3%), processed goods (-4.5%), and other manufactured goods (-3.2%). Imports fell for EU countries (-3.7%), but increased for non-EU countries (1.6%).

2025年10月，奥地利批发价格同比上涨0.2%，较上月1.2%的八个月高点有所回落。经济放缓的主要原因是粮食、种子和动物饲料价格下跌（-10.6%），初级形式的塑料和橡胶价格下跌（-7.9%），其他液体和气体燃料及相关产品价格下跌（-6.1%），废物和废料价格下跌（-5.9%）、兽皮和皮革价格下跌（-4.4%）以及汽油价格下跌（-3.8%）。这些下降被咖啡、茶、可可和香料（+24.6%）、手表和珠宝（+22.2%）和活体动物（+18.7%）、糖、巧克力和糖糖果（+7.3%）以及非酒精饮料（+6.5%）的强劲年度价格上涨部分抵消。10月份批发价格环比下跌0.3%，扭转了前一时期0.3%的涨幅。

Wholesale prices in Austria rose by 0.2% year-on-year in October 2025, easing from an eight-month high of 1.2% increase in the previous month. The slowdown was mainly driven by lower prices of grain, seeds and animal feeds (-10.6%), plastics and rubber in primary forms (-7.9%), other liquid and gaseous fuels and related products (-6.1%), waste and scrap (-5.9%), hides and leather (-4.4%), and motor spirit (-3.8%). These declines were partially offset by strong annual price increases for coffee, tea, cocoa and spices (+24.6%), watches and jewellery (+22.2%) and live animals (+18.7%), sugar, chocolate and sugar confectionary (+7.3%), and non-alcoholic beverages (+6.5%). On a monthly basis, wholesale prices fell by 0.3% in October, reversing a 0.3% gain in the preceding period.

初步估计显示，继第二季度修正后的0.1%收缩后，奥地利经济在2025年第三季度环比增长0.1%。尽管家庭消费（0.1%对第二季度的0.3%）和政府支出（0.2%对0.3%）的增长速度有所放缓，但增长仍在持续。与此同时，固定投资收缩（-0.3%对1.3%），净贸易拖累增长，出口下降（-0.4%），进口停滞。在生产方面，服务业支撑了增长，信息、金融和房地产（+0.3%）、其他商业服务（+0.2%）和公共行政（+0.2%。相比之下，制造业、能源和公用事业基本持平（-0.0%），而建筑业继续下降（-0.5%），贸易、运输、酒店和零售业仍然疲软（-0.2%）。GDP同比增长0.6%，高于第二季度修正后的0.5%，标志着自2023年第一季度以来最快的经济扩张。

The Austrian economy grew by 0.1% quarter-on-quarter in Q3 2025, following a revised 0.1% contraction in Q2, preliminary estimates showed. Growth was sustained, though at a softer pace in household consumption (0.1% vs 0.3% in Q2) and government spending (0.2% vs 0.3%). Meanwhile, fixed investment contracted (-0.3% vs 1.3%), and net trade weighed on growth, as exports fell (-0.4%) and imports stagnated. On the production side, growth was supported by services, with gains in information, finance, and real estate (+0.3%), other business services (+0.2%), and public administration (+0.2%). In contrast, manufacturing, energy, and utilities were largely flat (-0.0%), while construction continued to decline (-0.5%), and trade, transport, hospitality, and retail remained weak (-0.2%). Year-on-year, GDP rose 0.6% from a revised 0.5% in Q2, marking the fastest economic expansion since Q1 2023.