马其他股票指数 (MSE) 加自选

马耳他的年通货膨胀率从上个月的2.7%小幅降至2025年9月的2.4%，为3月以来的最低水平。食品和非酒精饮料（8月份为3.5%对4%）、酒精饮料和烟草（1.7%对2%）、餐馆和酒店（3.4%对3.5%）以及交通（2.3%对3.4%）的通货膨胀有所缓解。服装和鞋类的价格也有所下降（-0.7%对2.7%），通信的价格也进一步下降（-3.4%对-3.1%）。与此同时，住房和公用事业（0.7%）、家具、家用设备和日常家居维护（1.7%）、健康（2.8%）、娱乐和文化（2.4%）以及教育（5.2%）的价格保持不变。相比之下，杂项商品和服务的通货膨胀率上升（3.7%对3.4%）。按月计算，9月份消费者价格指数下跌1.3%，扭转了8月份0.7%的涨幅。

Malta’s annual inflation rate inched down to 2.4% in September 2025 from 2.7% in the previous month, marking the lowest reading since March. Inflation eased for food and non-alcoholic beverages (3.5% vs 4% in August), alcoholic beverages and tobacco (1.7% vs 2%), restaurants and hotels (3.4% vs 3.5%), and transport (2.3% vs 3.4%). Prices also declined for clothing and footwear (-0.7% vs 2.7%) and further for communication (-3.4% vs -3.1%). Meanwhile, prices remained unchanged for housing and utilities (0.7%), furnishings, household equipment and routine household maintenance (1.7%), health (2.8%), recreation and culture (2.4%), and education (5.2%). In contrast, inflation rose for miscellaneous goods and services (3.7% vs 3.4%). On a monthly basis, consumer prices fell by 1.3% in September, reversing a 0.7% rise in August.

马耳他的贸易逆差从一年前的8.811亿欧元和7月份的9.04亿欧元大幅收窄至2025年8月的3.268亿欧元。进口同比下降44.8%，至7.237亿欧元，主要原因是资本货物和其他物品（-78.2%）、燃料和润滑油（-18.2%）以及工业用品（-3.9%）的购买量大幅下降。相比之下，受食品和饮料流入增加的推动，消费品进口增长了6.4%。出口下降速度较慢，下降7.9%，至3.969亿欧元，主要受工业用品（-14.0%）、燃料和润滑油（-12.0%）以及资本货物和其他（-14.2%）销售下降的影响。然而，消费品出口激增10.5%。2025年前八个月，贸易逆差从2024年同期的35.1亿欧元收窄至32.4亿欧元。

Malta’s trade deficit narrowed sharply to EUR 326.8 million in August 2025 from a revised EUR 881.1 million a year earlier and a record EUR 904.0 million in July. Imports fell 44.8% year-on-year to EUR 723.7 million, driven by steep declines in purchases of capital goods and other items (-78.2%), fuels and lubricants (-18.2%), and industrial supplies (-3.9%). In contrast, imports of consumer goods rose 6.4%, boosted by higher food and beverage inflows. Exports decreased at a slower pace, down 7.9% to EUR 396.9 million, weighed by lower sales of industrial supplies (-14.0%), fuels and lubricants (-12.0%), and capital goods and others (-14.2%). Exports of consumer goods, however, surged 10.5%. For the first eight months of 2025, the trade deficit narrowed to EUR 3.24 billion from EUR 3.51 billion in the same period of 2024.

继7月份下调3.3%后，马耳他工业生产在2025年8月同比增长4.9%。增长主要得益于制造业产出的快速扩张（6.2%对7月份的3.1%），特别是计算机、电子和光学产品以及机动车（37.2%）和食品饮料（8.2%）的生产。按主要产业分组，资本货物（19.5%对16.6%）和中间产品（11.6%对5.9%）的产出增长加快，而能源（-8.8%对5%）和消费品（-6%对-1.2%）的产量下降。不包括能源在内，工业产出在上个月增长3.2%后，增长了6.2%。经季节性调整的月度数据显示，8月份工业活动增长1.5%，从7月份向上修正的5.3%的下降中反弹。

Malta’s industrial production increased by 4.9% year-on-year in August 2025, following a downwardly revised 3.3% rise in July. The growth was largely driven by a faster expansion in manufacturing output (6.2% vs 3.1% in July), particularly in the production of computer, electronic and optical products, and motor vehicles (37.2%) and food and beverages (8.2%). By main industrial groupings, output growth accelerated for capital goods (19.5% vs 16.6%) and intermediate goods (11.6% vs 5.9%), while production declined for energy (-8.8% vs 5%) and consumer goods (-6% vs -1.2%). Excluding energy, industrial output went up by 6.2%, after a 3.2% gain in the prior month. On a seasonally adjusted monthly basis, industrial activity grew by 1.5% in August, rebounding from an upwardly revised 5.3% drop in July.

马耳他的年通货膨胀率从前两个月的2.5%上升到2025年8月的2.7%。这一增长主要是由于食品和非酒精饮料（4%对7月份的3.8%）、家具、家用设备和日常家居维护（1.7%对0.4%）、娱乐和文化（2.4%对1.5%）、餐馆和酒店（3.5%对3.1%）以及杂项商品和服务（3.4%对3.2%）的价格上涨。此外，服装和鞋类的价格反弹（2.7%对-0.3%），酒精饮料和烟草（2%）、住房和公用事业（0.7%）、健康（2.8%）和教育（5.2%）的价格保持不变。相比之下，运输价格增长有所放缓（3.4%对4.6%）。按月计算，8月份消费者价格指数从前一个月的0.4%上涨了0.7%。

Malta’s annual inflation rate rose to 2.7% in August 2025 from 2.5% in each of the previous two months. The increase was driven mainly by higher prices for food and non-alcoholic beverages (4% vs 3.8% in July), furnishings, household equipment and routine household maintenance (1.7% vs 0.4%), recreation and culture (2.4% vs 1.5%), restaurants and hotels (3.5% vs 3.1%), and miscellaneous goods and services (3.4% vs 3.2%). In addition, prices rebounded for clothing and footwear (2.7% vs -0.3%) and remained unchanged for alcoholic beverages and tobacco (2%), housing and utilities (0.7%), health (2.8%), and education (5.2%). In contrast, price growth eased for transport (3.4% vs 4.6%). On a monthly basis, consumer prices increased by 0.7% in August from 0.4% in the previous month.