奥地利10年期国债 (Austria10Y) 加自选

奥地利的年通货膨胀率从前一个月的4.1%略微降至2025年9月的4%，与初步估计相符。经济放缓的主要原因是食品和非酒精饮料（8月份为3.9%对5.2%）、酒精饮料和烟草（3.2%对3.8%）、住房和公用事业（6%对6.1%）、娱乐和文化（3.2%对4.1%）、服装和鞋类（1.4%对4.5%）以及杂项商品和服务（4.3%对4.7%）的价格下跌。与此同时，家具、家用设备和维护成本下降（-0.6%对0.5%）。与此同时，交通（2.5%对1.2%）、餐馆和酒店（6.2%对6.1%）、教育（6.4%对4.8%）和健康（5.3%对4.6%）的通货膨胀率有所上升。按月计算，9月份消费者价格指数下降0.2%，为2021年1月以来的最低水平，扭转了前一时期0.2%的涨幅。

The annual inflation rate in Austria eased slightly to 4% in September 2025 from 4.1% in the previous month, matching preliminary estimates. The slowdown was mainly driven by lower prices in food and non-alcoholic beverages (3.9% vs 5.2% in August), alcoholic beverages and tobacco (3.2% vs 3.8%), housing and utilities (6% vs 6.1%), recreation and culture (3.2% vs 4.1%), clothing and footwear (1.4% vs 4.5%), and miscellaneous goods and services (4.3% vs 4.7%). At the same time, costs declined for furnishings, household equipment, and maintenance (-0.6% vs 0.5%). Meanwhile, inflation increased for transportation (2.5% vs 1.2%), restaurants and hotels (6.2% vs 6.1%), education (6.4% vs 4.8%), and health (5.3% vs 4.6%). On a monthly basis, consumer prices fell by 0.2% in September, marking the lowest reading since January 2021, reversing a 0.2% gain in the preceding period.

2025年8月，奥地利工业生产同比增长0.8%，低于7月份上调的3.2%。经济放缓的主要原因是工业活动的小幅增长（1.9%对4.9%）和建筑业产出的持续下降（-2.7%，不变）。在工业分组中，能源（-9.2%对-8%）和消费者非耐用品（-3.7%对22.5%）的产量下降。资本货物的增长也放缓（0.5%对2.4%），而中间产品的产出加速（5.4%对1.3%），耐用消费品的产出反弹（10.1%对-6.7%）。经季节性调整的月度数据显示，工业生产下降2.3%，扭转了7月份1.8%的增长。

Industrial production in Austria rose 0.8% year-on-year in August 2025, easing from an upwardly revised 3.2% increase in July. The slowdown was mainly driven by a smaller rise in industrial activity (1.9% vs. 4.9%) and a continued decline in construction output (-2.7%, unchanged). Within industrial groupings, production fell for energy (-9.2% vs. -8%) and consumer non-durables (-3.7% vs. 22.5%). Growth also slowed for capital goods (0.5% vs. 2.4%), while output accelerated for intermediate goods (5.4% vs. 1.3%) and rebounded for consumer durables (10.1% vs. -6.7%). On a seasonally adjusted monthly basis, industrial production dropped 2.3%, reversing a 1.8% gain in July.

奥地利的贸易平衡在2025年7月出现了18863亿欧元的赤字，而去年同期为6797亿欧元的盈余。这标志着自2023年1月以来最大的赤字，因为进口增加而出口下降。进口同比增长3.4%，达到169.5亿欧元，主要受机械和车辆（+10.5%）、其他制成品（+3.4%）和加工品（+1.4%）增长的推动。欧盟国家的进口有所增加（+5.7%），但非欧盟国家的出口有所下降（-1.2%）。与此同时，出口同比下降11.9%，至150.6亿欧元，原因是化工产品出货量下降（-30.2%），其次是机械和车辆（-11.4%）。对非欧盟国家（-29.1%）和欧盟国家（-3.4%）的出口均有所下降。

Austria’s trade balance posted a deficit of EUR 1,886.3 billion in July 2025, shifting from a surplus of EUR 679.7 billion in the corresponding month of the previous year. This marked the largest deficit since January 2023,as imports rose while exports declined. Imports increased by 3.4% year-on-year to EUR 16.95 billion, driven primarily by a rise in machinery and vehicles (+10.5%), other manufactured goods (+3.4%), and processed goods (+1.4%). Imports advanced for EU countries (+5.7%), but declined for non-EU countries (-1.2%). Meanwhile, exports tumbled 11.9% year-on-year to EUR 15.06 billion, attributed to lower shipments of chemical products (-30.2%), followed by machinery and vehicles (-11.4%). Exports dropped to both non-EU countries (-29.1%) and EU countries (-3.4%).

2025年9月，奥地利批发价格同比上涨1.2%，高于上月0.2%的涨幅。最新数据标志着自1月以来最强劲的增长，主要原因是咖啡、茶、可可和香料（+24.6%）、活体动物（+21.5%）以及手表和珠宝（+20.8%）的成本上涨。非酒精饮料（+8.4%）、肉类和肉制品、糖、巧克力和糖果（各+6.6%）也带来了上行压力。相比之下，废物和废料（-8.7%）、初级形式的塑料和橡胶（-8.6%）、固体燃料（-6.4%）、谷物、种子和动物饲料（-5.5%）、五金、管道和供暖设备及用品（-4.3%）、皮革和皮革（-4.1%）、纸张和纸板（-2.0%）、其他液体和气体燃料及相关产品（-1.3%）的价格下跌。按月计算，9月份批发价格上涨0.3%，从前一时期0.6%的跌幅反弹。

Wholesale prices in Austria rose by 1.2% year-on-year in September 2025, accelerating from a 0.2% increase in the previous month. The latest figure marked the strongest growth since January, mainly driven by higher costs of coffee, tea, cocoa and spices (+24.6%), live animals (+21.5%) and watches and jewellery (+20.8%). Upward pressures also came from non-alcoholic beverages (+8.4%), meat and meat products, sugar, chocolate and sugar confectionery (each +6.6%). In contrast, prices fell for waste and scrap (-8.7%), plastics and rubber in primary forms (-8.6%), solid fuels (-6.4%) grain, seeds and animal feeds (-5.5%), hardware, plumbing and heating equipment and supplies (-4.3%), hides and leather (-4.1%), paper and paperboard (-2.0%), other liquid and gaseous fuels and related products (-1.3%). On a monthly basis, wholesale prices advanced by 0.3% in September, rebounding from a 0.6% drop in the preceding period.