荷兰3个月期国债 (Netherlands3MonthBillYield) 加自选

荷兰的年通货膨胀率在2025年9月上升至3.3%，证实了初步估计，高于8月的2.8%，为5月以来的最高水平。主要的上升压力来自运输（2.2%对8月的1.1%）和室内装潢和家用电器（2%对0.9%）的通货膨胀急剧增加。食品和非酒精饮料（4.3%对4.2%）、住房和公用事业（4.7%对4.6%）以及餐馆和酒店（5.2%对1.3%）的通货膨胀率也有所上升。按月计算，消费者价格指数下降0.1%，与初步数据一致，这是自5月以来的首次下降，8月份上涨0.2%。与此同时，用于欧盟层面比较的不包括住房成本的协调消费者价格指数（HICP）显示，9月份的增长率从8月份的2.4%加速至3%。

The annual inflation rate in the Netherlands rose to 3.3% in September 2025, confirming preliminary estimates and up from 2.8% in August, marking the highest level since May. The main upward pressure came from a sharp increase in inflation for transport (2.2% vs 1.1% in August) and for upholstery and household appliances (2% vs 0.9%). Inflation also picked up for food and non-alcoholic beverages (4.3% vs 4.2%), housing and utilities (4.7% vs 4.6%), and restaurants and hotels (5.2% vs 1.3%). On a monthly basis, consumer prices fell 0.1%, in line with initial data, marking the first decline since May after a 0.2% gain in August. Meanwhile, the harmonized consumer price index (HICP), which excludes housing costs and is used for EU-level comparisons, showed an acceleration to 3% in September from 2.4% in August.

NL25指数升至历史最高点965.16点。在过去的4周里，荷兰股市指数（NL25）上涨了6.28%，在过去的12个月里上涨了5.34%。

NL25 increased to an all-time high of 965.16 Index Points. Over the past 4 weeks, Netherlands Stock Market Index (NL25) gained 6.28%, and in the last 12 months, it increased 5.34%.

NL25指数升至956.04点的历史高点。在过去的4周里，荷兰股市指数（NL25）上涨了7.56%，在过去的12个月里，它上涨了4.95%。

NL25 increased to an all-time high of 956.04 Index Points. Over the past 4 weeks, Netherlands Stock Market Index (NL25) gained 7.56%, and in the last 12 months, it increased 4.95%.

奈韦荷兰制造业采购经理人指数从8月份的51.9升至2025年9月的53.7，标志着自2022年7月以来行业状况的最大改善。受国内需求增强和新产品发布的推动，产量和新订单创下16个月新高，支撑了这一回升。作为回应，企业报告了自2022年底以来最快的就业创造，而随着投入价格通胀放缓至2024年10月以来的最低水平，成本压力的缓解缓解了这一压力。另一方面，出口销售疲软，限制了整体订单增长，而积压的工作仅略有缓解，因为公司依赖库存来满足需求。此外，供应链再次面临压力，供应商交货时间以近三年来最快的速度延长。展望未来，制造商保持乐观，尽管竞争加剧、美国关税和出口需求疲软的风险继续打压市场情绪。

The Nevi Netherlands Manufacturing PMI rose to 53.7 in September 2025 from 51.9 in August, marking the sharpest improvement in sector conditions since July 2022. The upturn was supported by 16-month highs in output and new orders, driven by stronger domestic demand and new product launches. In response, firms reported the fastest job creation since late 2022, while easing cost pressures provided relief as input price inflation slowed to its weakest pace since October 2024. On the other hand, export sales softened, limiting overall order growth, while backlogs of work eased only slightly as companies relied on inventories to meet demand. In addition, supply chains came under renewed strain, with vendor delivery times lengthening at the sharpest rate in nearly three years. Looking ahead, manufacturers stayed optimistic, though risks from intensified competition, US tariffs, and weak export demand continue to weigh on sentiment.