马其他股票指数 (MSE) 加自选

马耳他的失业率从去年同期向上修正的3.3%降至2025年第一季度的2.7%。失业人数同比下降1755人，至9054人，而非就业人数下降2509人，至160886人。与此同时，就业率从2024年第一季度的78.4%上升到80.4%，就业人数增加了13646人，达到327643人。本季度的活动率上升至82.7%，而去年同期为81.2%，其中25至54岁人群的活动率最高（91.7%）。

The unemployment rate in Malta fell to 2.7% in the first quarter of 2025, from an upwardly revised 3.3% in the corresponding period of the previous year. The number of unemployed individuals declined by 1,755 year-on-year to 9,054, while the number of inactive persons dropped by 2,509 to 160,886. Meanwhile, the employment rate rose to 80.4% from 78.4% in the first quarter of 2024, as the number of employed persons increased by 13,646 to 327,643. The activity rate for the quarter rose to 82.7%, compared to 81.2% a year earlier, with the highest rate recorded among individuals aged 25 to 54 (91.7%).

2025年4月，马耳他工业生产同比下降0.2%，扭转了上个月10.1%的三个月高点。这标志着自2024年7月以来工业活动首次下降，因为消费品非耐用品（-1.4%对3月份的18.7%）、消费品（-0.2%对17.8%）和中间产品（-7%对3.8%）的产出大幅下降。此外，资本货物的生产增长放缓（7%对13.4%）。与此同时，能源行业（29.8%对-15.5%）和耐用消费品（11.4%对9.1%）的活动急剧增加。经季节性调整的月度数据显示，4月份工业产出下降6.2%，而前一时期增长4.4%。

Malta’s industrial production fell by 0.2% year-on-year in April 2025, reversing a three-month high of 10.1% increase in the previous month. This marked the first decline in industrial activity since July 2024, as output tumbled for consumer non-durable goods (-1.4% vs 18.7% in March), consumer goods (-0.2% vs 17.8%), and intermediate goods (-7% vs 3.8%). Additionally, production growth slowed for capital goods (7% vs 13.4%). Meanwhile, activity increased sharply for the energy sector (29.8% vs -15.5%) and consumer durable goods (11.4% vs 9.1%). On a seasonally adjusted monthly basis, industrial output dropped by 6.2% in April, following a 4.4% gain in the preceding period.

马耳他的贸易逆差从去年同期的3.642亿欧元扩大到2025年4月的4.013亿欧元。这标志着自去年8月以来最大的贸易逆差，进口增加，出口下降。进口同比增长1.4%，达到7.21亿欧元，主要原因是工业用品（14.3%）和燃料和润滑油（10.8%）的采购量增加。与此同时，出口下降7.7%，至两年低点3.197亿欧元，受资本货物和其他货物（-21.7%）、消费品（-12.9%）和工业用品（-6.4%）出货量下降的拖累。考虑到今年前四个月，该国的贸易逆差从去年同期的12.273亿欧元缩小到11.937亿欧元。

Malta’s trade deficit widened to EUR 401.3 million in April 2025 from EUR 364.2 million in the corresponding month of the previous year. This marked the largest trade shortfall since August last year, as imports rose while exports dropped. Year-on-year, imports advanced by 1.4% to EUR 721 million, mainly attributed to higher purchase of industrial supplies (14.3%) and fuels & lubricants (10.8%). Meanwhile, exports declined by 7.7% to a two-year low of EUR 319.7 million, dragged down by lower shipments of capital goods and others (-21.7%), consumer goods (-12.9%), and industrial supplies (-6.4%). Considering the first four months of the year, the country’s trade deficit narrowed to EUR 1,193.7 million from EUR 1,227.3 million in the same period a year earlier.

马耳他经济在2025年第一季度同比增长3%，低于前三个月向上修正的3.1%的增长。这标志着自2022年第三季度以来最疲软的经济增长，因为家庭消费（0.8%对第四季度的2.5%）和政府支出（0.6%对2.2%）都有所放缓。相反，固定资本形成总额（1.1%对-0.8%）反弹。在外部方面，出口（3.3%对4.1%）和进口（2.8%对4.9%）的增长速度都较慢。

Malta’s economy grew by 3% year-on-year in the first quarter of 2025, slowing from an upwardly revised 3.1% increase in the previous three-month period. This marked the weakest economic growth since the third quarter of 2022, as both household consumption (0.8% vs. 2.5% in Q4) and government spending (0.6% vs. 2.2%) eased. Conversely, gross fixed capital formation (1.1% vs. -0.8%) rebounded. On the external front, both exports (3.3% vs. 4.1%) and imports (2.8% vs. 4.9%) grew at a slower pace.