芬兰10年期国债 (Finland10Y) 加自选

芬兰的制造业信心在2025年10月降至-4，扭转了上个月向下修正的2。这是自7月以来的最低读数，低于长期平均值0。未来几个月的生产预期减弱（13比26），而订单积压进一步下降（-22比-21）。然而，成品库存转为正值（3比-2）。与此同时，60%的公司报告称10月份满负荷运营，而前一个月为68%，仍低于70%的长期平均水平。

Finland’s manufacturing confidence fell to -4 in October 2025, reversing a downwardly revised 2 in the previous month. This marked the lowest reading since July and below the long-term average of 0. Production expectations for the coming months weakened (13 vs 26), while the order backlog declined further (-22 vs -21). However, inventories of finished goods turned positive (3 vs -2). Meanwhile, 60% of companies reported operating at full capacity in October, compared with 68% in the prior month, still below the long-term average of 70%.

芬兰消费者信心指数从9月份的-6.6降至2025年10月的-7.6，标志着市场情绪略有恶化。这一下降反映了人们对芬兰整体经济前景的预期恶化（9月份为-13.2对-13.1），而家庭对自身财务的看法也减弱（-2.4对-0.6）。与此同时，对家庭当前财务状况的评估不太乐观（22.9比24.0），贷款意向下降（15.0比16.8）。这一时期仍被广泛认为不利于购买耐用品（-20.8比-19.7），消费意愿受到抑制（10.3比10.7），而购买住房的计划也大幅下降（-16.6比-12.0）。此外，对总体失业趋势的预期变得更加悲观（-30.1比-27.8），个人失业风险上升（-17.1比-12.4）。

Finland’s consumer confidence declined to -7.6 in October 2025, down from -6.6 in September, marking a slight deterioration in sentiment. The drop reflected worsened expectations for Finland’s broader economic outlook (-13.2 vs -13.1 in September), while households’ views on their own finances also weakened (-2.4 vs -0.6). At the same time, assessments of households’ current financial situation were less positive (22.9 vs 24.0), and intentions to take out a loan declined (15.0 vs 16.8). The period was still widely regarded as unfavorable for purchasing durable goods (-20.8 vs -19.7), keeping spending intentions subdued (10.3 vs 10.7), while plans to purchase dwellings also fell sharply (-16.6 vs -12.0). Additionally, expectations for the general unemployment trend turned more pessimistic (-30.1 vs -27.8), and the perceived personal risk of job loss rose (-17.1 vs -12.4).

2025年9月，芬兰生产者价格指数同比下降0.3%，扭转了上个月0.1%的涨幅。供水、污水、废物管理和修复服务的成本有所缓和（2.7%对3.4%）。与此同时，电力、天然气、蒸汽和空调价格下跌（-2.5%对19.1%），而采矿和采石（-4.4%对-2.7%）跌幅更大。相比之下，在加工和腌制肉类和饮料价格增长的支持下，制成品的通货紧缩有所缓解（-0.1%对-1.4%）。9月份生产者价格指数环比下跌0.4%，而前一个月上涨0.8%。

Producer prices in Finland fell by 0.3% year-on-year in September 2025, reversing a 0.1% rise in the previous month. Costs moderated for water supply, sewage, waste management, and remediation services (2.7% vs 3.4%). At the same time, prices declined for electricity, gas, steam, and air conditioning (-2.5% vs 19.1%), while mining and quarrying (-4.4% vs -2.7%) posted deeper drops. In contrast, deflation eased for manufactured products (-0.1% vs -1.4%), supported by price growth in processed and preserved meat and beverages. On a monthly basis, producer prices dropped by 0.4% in September, following a 0.8% rise in the preceding month.

赫尔辛基25指数升至5317.00点，为2022年2月以来的最高点。在过去的4周里，芬兰股市指数（赫尔辛基25指数）上涨了5.45%，在过去的12个月里，它上涨了15.38%。

Helsinki 25 increased to 5317.00 Index Points, the highest since February 2022. Over the past 4 weeks, Finland Stock Market Index (Helsinki 25) gained 5.45%, and in the last 12 months, it increased 15.38%.