芬兰10年期国债 (Finland10Y) 加自选

2025年7月，芬兰的年通货膨胀率为0.2%，与上月持平，仍处于2020年12月以来的最低水平。健康（6月份为6.85%对7.33%）、家具和家居维护（1.71%对2.22%）、娱乐和文化（3.10%对3.14%）以及餐馆和酒店（1.26%对1.65%）的价格有所放缓。与此同时，住房和公用事业（-3.53%对-3.46%）以及杂项商品和服务（-1.73%对-1.09%）的成本进一步下降。与此同时，食品和非酒精饮料（3.07%对2.2%）以及通信（5.81%对5.78%）的价格增长加快。按月计算，消费者价格指数上涨0.2%，从6月份0.2%的跌幅反弹。

The annual inflation rate in Finland stood at 0.2% in July 2025, unchanged from the previous month and remaining at its lowest since December 2020. Prices moderated for health (6.85% vs 7.33% in June), furnishings and household maintenance (1.71% vs 2.22%), recreation and culture (3.10% vs 3.14%), and restaurants and hotels (1.26% vs 1.65%). At the same time, costs declined further for housing and utilities (-3.53% vs -3.46%), and miscellaneous goods and services (-1.73% vs -1.09%). Meanwhile, price growth accelerated for food and non-alcoholic beverages (3.07% vs 2.2%), and communication (5.81% vs 5.78%). On a monthly basis, consumer prices rose 0.2%, rebounding from a 0.2% fall in June.

2025年6月，芬兰的经常账户盈余为12.31亿欧元，较上年同期的15730亿欧元有所收窄。下降的主要原因是商品账户盈余减少，从一年前的15.58亿欧元降至11.96亿欧元。此外，服务账户赤字从3.93亿欧元扩大到6.51亿欧元，次级收入缺口从1.74亿欧元扩大至2.2亿欧元。另一方面，主要收入盈余从去年同期的5.82亿欧元扩大到9.06亿欧元。

Finland recorded a current account surplus of EUR 1,231 million in June 2025, narrowing from EUR 1,573 billion in the corresponding month of the previous year. The decline was primarily driven by a decrease in the goods account surplus, which fell to EUR 1,196 million from EUR 1,558 million a year earlier. Additionally, the services account deficit widened to EUR 651 million from EUR 393 million, as well as the secondary income shortfall to EUR 220 million from EUR 174 million. On the other hand, the primary income surplus expanded to EUR 906 million from EUR 582 million in the same month a year ago.

2025年6月，芬兰工业生产同比增长0.4%，与5月份下调后的5.2%增长相比大幅放缓。尽管这是连续第四个月的扩张，但这是当前增长趋势中最温和的增长。放缓的主要原因是制造业产出增长放缓（1.1%对5月份的4.5%），以及采矿和采石业（-1.1%对18.5%）和电力、天然气、蒸汽和空调供应（-1.0%对8.3%）的收缩。经季节性调整的月度数据显示，继5月份下调0.3%后，6月份工业产出收缩0.4%。

Industrial production in Finland expanded by 0.4% year-on-year in June 2025, a significant slowdown from the downwardly revised 5.2% growth in May. Despite marking the fourth consecutive month of expansion, it was the softest increase in the current growth streak. The moderation was mainly driven by slower output growth in manufacturing (1.1% vs 4.5% in May), alongside contractions in both mining and quarrying (-1.1% vs 18.5%) and electricity, gas, steam, and air conditioning supply (-1.0% vs 8.3%). On a seasonally adjusted monthly basis, industrial output contracted by 0.4% in June, following a downwardly revised 0.3% decline in May.

初步估计显示，2025年6月，芬兰的贸易顺差从去年同期的9.3亿欧元收窄至5.3亿欧元。出口同比下降4.4%，至64.5亿欧元，受对欧盟销售额下降（-15.1%）的拖累，而对非欧盟国家的出口则有所上升（12%）。在贸易伙伴中，出口主要下降到德国（-58.7%）、中国（-34.7%）、爱沙尼亚（-26.9%）和法国（-16.4%）。与此同时，进口增长1.8%，达到59.2亿欧元，原因是来自欧盟的采购增加（3.7%），而来自非欧盟国家的采购减少（-0.8%）。进口主要来自美国（25.8%）、韩国（50.4%）、捷克（37.4%）和丹麦（20.1%）。今年上半年，该国贸易顺差为2亿欧元，高于去年同期的16.1亿欧元赤字。

Finland’s trade surplus narrowed to EUR 0.53 billion in June 2025 from EUR 0.93 billion from the corresponding month of the previous year, preliminary estimates showed. Exports fell by 4.4% year-on-year to EUR 6.45 billion, dragged down by lower sales to EU (-15.1%), while it rose to non-EU countries (12%). Among trading partners, exports declined mainly to Germany (-58.7%), China (-34.7%), Estonia (-26.9%), and France (-16.4%). Meanwhile, imports grew by 1.8% to EUR 5.92 billion, due to increased purchases from EU (3.7%), while it decreased from non-EU countries (-0.8%). Imports rose mostly from from the US (25.8%), South Korea (50.4%), Czechia (37.4%), and Denmark (20.1%). For the first half of the year, the country recorded a trade surplus of EUR 0.02 billion, shifting from a EUR 1.61 billion deficit in the same period last year.