西班牙52周国债 (Spain52WeekBillYield) 加自选

2025年6月，西班牙的零售额同比增长6.2%，为2022年1月以来的最高水平，高于5月份的5%。非食品类商品的销售额从5.2%加速至6.6%，而食品销售额的增长从4.1%加速至5.4%。经季节性调整的月度数据显示，6月份零售贸易增长1.1%，而前一个月增长0.2%。

Retail sales in Spain surged by 6.2% year-on-year in June 2025, the most since January 2022, up from a 5% rise in May. Sales of non-food items accelerated to 6.6% from 5.2%, while food sales growth advanced to 5.4% from 4.1%. On a seasonally adjusted monthly basis, retail trade grew by 1.1% in June, after a 0.2% increase in the previous month.

据初步估计，截至2025年6月的三个月里，西班牙经济环比增长0.7%，略高于上一季度0.6%的增长率，超过了市场预期的0.6%。国内需求对经济增长贡献了0.9个百分点，抵消了外部部门0.1个百分点的拖累。家庭支出增长0.8%，固定资本形成总额飙升2.1%。相比之下，政府支出下降了0.1%。对外方面，出口增长1.1%，进口增长1.7%。在生产方面，工业产出增长0.8%，其中制造业增长1.1%。服务业增长1.2%，建筑业增长1.5%。然而，第一产业大幅萎缩，下降了9.5%。按年度计算，西班牙经济增长了2.8%，与上一季度的增长率相匹配，超过了2.5%的增长预期。

The Spanish economy grew by 0.7% quarter-on-quarter in the three months to June 2025, slightly above the 0.6% expansion in the previous quarter and beating market expectations of 0.6%, according to preliminary estimates. Domestic demand contributed 0.9 percentage points to growth, offsetting a 0.1 percentage point drag from the external sector. Household spending increased by 0.8%, while gross fixed capital formation surged by 2.1%. In contrast, government expenditure declined by 0.1%. On the external front, exports rose by 1.1%, while imports climbed 1.7%. On the production side, industrial output grew by 0.8%, driven by a 1.1% increase in manufacturing. The services sector expanded by 1.2%, and construction activity rose by 1.5%. However, the primary sector contracted sharply, falling by 9.5%. On an annual basis, the Spanish economy expanded by 2.8%, matching the growth rate from the previous quarter and exceeding expectations of a 2.5% increase.

西班牙第二季度初步GDP增长0.7%，而第二季度预期增长0.6%。西班牙经济再次保持温和增长，仍然是欧洲经济的亮点之一。西班牙国内生产总值同比增长2.8%。

Spain Q2 preliminary GDP +0.7% vs +0.6% q/q expected.Once again, the Spanish economy continues to post modest growth and remains one of the bright spots in the European economy. On a year-on-year basis, Spain GDP is seen up 2.8%.

2025年第二季度，西班牙的失业率从上一季度的11.36%降至10.29%，为2008年以来的最低水平，低于市场预期的10.7%。失业人数减少236100人，至255.31万人，而就业人数增加503300人，至2227万人。与此同时，劳动人口增加267.2万人，达到2482万人。男女失业率均有所下降，失业男性减少107000人，失业女性减少129100人。女性失业率下降1.22个百分点至11.50%，男性失业率下降0.94个百分点至9.20%。按国籍划分，西班牙人（包括双重国籍者）的失业率下降了203200人，外国人的失业率则下降了32900人。所有行业都出现了就业增长：服务业（+364800）、工业（+90300）、建筑业（+45400）和农业（+2800）。

Spain’s unemployment rate fell to 10.29% in the second quarter of 2025, down from 11.36% in the previous quarter, marking the lowest level since 2008 and below market expectations of 10.7%. The number of unemployed decreased by 236,100 to 2.5531 million, while employment rose by 503,300 to 22.27 million. Meanwhile, the working population grew by 267,200, reaching 24.82 million. Unemployment fell for both genders, with 107,000 less unemployed men and 129,100 less unemployed women. The female unemployment rate went down by 1.22 percentage points to 11.50%, and the male rate by 0.94 points to 9.20%. By nationality, unemployment fell by 203,200 among Spaniards (including dual nationals) and by 32,900 among foreigners. Job increases were recorded across all sectors: services (+364,800), industry (+90,300), construction (+45,400), and agriculture (+2,800).