芬兰10年期国债 (Finland10Y) 加自选

初步估计显示，芬兰经济在2025年前三个月环比增长0.1%，从前三个月0.2%的收缩中反弹。与去年同期相比，芬兰第一季度国内生产总值增长了1.2%，与前三个月持平，标志着经济连续第三个季度扩张。

Finland’s economy grew 0.1% quarter-on-quarter in the first three months of 2025, rebounding from a 0.2% contraction in the previous three-month period, a preliminary estimate showed. Compared to the same period last year, Finnish GDP grew by 1.2% in the first quarter, unchanged from the previous three-month period and marking the third consecutive quarter of economic expansion.

2025年3月，芬兰的国内生产总值同比增长1.2%，高于上个月下调后的0.1%。这标志着连续第六个月的增长。经季节性调整的月度数据显示，3月份国内生产总值增长0.3%，较前一时期修正后的0.9%的跌幅有所回升。

Finland’s gross domestic product expanded by 1.2% year-on-year in March 2025, accelerating from a downwardly revised 0.1% advance in the previous month. This marked the sixth consecutive month of growth. On a seasonally adjusted monthly basis, the GDP increased by 0.3% in March, rebounding from a revised 0.9% drop in the preceding period.

芬兰消费者信心指数在2025年4月升至-7.4，为去年11月以来的最高水平，高于上个月的-8.2。然而，这一数字仍远低于CCI的长期平均值2.6。家庭对当前经济形势的悲观情绪有所缓解（2比3月的-4.5），对耐用品购买时间的信心有所改善（-18比-19.5）。消费者对本国经济的12个月前景也变得更加乐观（6.8比6）。尽管这些晴雨表有所改善，但整体情绪仍然低迷。对失业总体发展的预期是悲观的（-30.6对-27.5），消费者仍然认为他们的个人失业风险很高（-14.6对-14.3）。与此同时，储蓄倾向下降（37.4比40.6），对未来12个月价格走势的评估保持不变（4.2）。

Finnish consumer confidence rose to -7.4 in April 2025, the highest level since last November, up from -8.2 in the previous month. However, the figure remained well below the CCI’s long-term average of 2.6. Households’ pessimism about their current economic situation eased (-2 vs. -4.5 in March), and sentiment regarding the timing of durable goods purchases improved (-18 vs. -19.5). Consumers also became more positive about the 12-month outlook for their own economy (6.8 vs. 6). Still, despite the improvement in these barometers, overall sentiment remained subdued. Expectations regarding the general development of unemployment were pessimistic (-30.6 vs. -27.5), and consumers continued to feel that their personal risk of unemployment was high (-14.6 vs. -14.3). Meanwhile, saving propensity declined (37.4 vs. 40.6), and assessments of price developments in the next 12 months remained unchanged (4.2).

芬兰制造业信心指数从前一个月的两年多高点-5降至2025年4月的-10。这是自2024年10月以来的最低读数，因为对未来几个月产量的预期停滞不前（3月份为9）。与此同时，订单积压情况恶化（-30对-23），成品库存（1对2）小幅下降。与此同时，2025年4月，58%的公司满负荷运营，低于前一个月的61%。

Finland's manufacturing confidence indicator fell to -10 in April 2025 from a more than two-year high of -5 in the previous month. This marked the lowest reading since October 2024, as expectations for production in the coming months stalled (vs 9 in March). At the same time, the order backlog deteriorated (-30 vs -23), while stocks of finished goods (1 vs 2) edged down. Meanwhile, 58% of companies were operating at full capacity in April 2025, down from 61% in the preceding month.