OMX哥本哈根指数 (OMXCopenhagen) 加自选

丹麦消费者信心指数从上个月的四个月高点-15.1降至2025年7月的-15.7。这一下降主要是由于对家庭财务状况的情绪恶化（6月份为-5.8对-4.7）和未来12个月的国家经济形势（-23.5对-22.8）。与此同时，消费者目前仍不愿购买主要消费品（-16比-14.2）。与此同时，与一年前相比，对家庭财务状况的评估变得不那么悲观（-11.1对-11.9），对去年经济状况的看法也有所下降（-21.9对-22.1）。关于信心指标未考虑的方面，对未来12个月失业趋势的预期继续上升（11比12.9），而来年的价格发展略有放缓（36.1比36.7）。

The consumer confidence index in Denmark fell to -15.7 in July 2025 from a four-month high of -15.1 in the previous month. The decline was mainly driven by deteriorating sentiment toward households’ financial situations (-5.8 vs -4.7 in June) and the country’s economic situation over the next twelve months (-23.5 vs -22.8). At the same time, consumers remain reluctant to purchase major consumer goods at the moment (-16 vs -14.2). Meanwhile, assessments of families' financial situations compared to a year ago became less pessimistic (-11.1 vs -11.9), along with views on the economic situation last year (-21.9 vs -22.1). Regarding aspects not factored into the confidence indicator, expectations for unemployment trends continued to increase over the next twelve months (11 vs 12.9), while price development in the coming year slightly moderated (36.1 vs 36.7).

丹麦的年通货膨胀率从上个月的1.6%上升到2025年6月的1.9%，为四个月来的最高水平。多个类别的价格上涨，包括娱乐和文化（5月份为1.5%对0%）、餐馆和酒店（0.9%对0.5%）、家具、家用设备和维护（1%对0.4%）、健康（2.9%对2.2%）、通信（2.4%对2%）以及杂项商品和服务（2.5%对2.4%）。运输成本也略有反弹（0.1%对-0.6%），而食品和非酒精饮料（5.2%）和教育（3.7%）的价格增长保持稳定。与此同时，住房通胀从2.2%放缓至1.8%。在5月份上涨0.1%之后，CPI每月上涨0.2%。6月份，不包括能源和未加工食品的核心通胀率从上月的1.6%上升至1.9%，为2024年1月以来的最高水平。

The annual inflation rate in Denmark rose to 1.9% in June 2025, the highest in four months, from 1.6% in the previous month. Price increases were seen across several categories, including recreation and culture (1.5% vs 0% in May), restaurants and hotels (0.9% vs 0.5%), furnishings, household equipment and maintenance (1% vs 0.4%), health (2.9% vs 2.2%), communication (2.4% vs 2%), and miscellaneous goods and services (2.5% vs 2.4%). Transport costs also rebounded slightly (0.1% vs -0.6%), while price growth remained steady for food and non-alcoholic beverages (at 5.2%) and education (at 3.7%). Meanwhile, housing inflation slowed to 1.8% from 2.2%. On a monthly basis, the CPI rose by 0.2%, following a 0.1% increase in May. Core inflation, which excludes energy and unprocessed food, picked up to 1.9% in June, the highest since January 2024, from 1.6% in the prior month.

丹麦经季节性调整的经常账户盈余从上个月向下修正的299亿丹麦克朗收窄至2025年5月的283亿丹麦克朗。这是自2024年5月以来的最低顺差，因为出口下降1.2%，商品账户顺差从261亿丹麦克朗降至227亿丹麦克朗。与此同时，服务账户盈余从11亿丹麦克朗降至6亿丹麦克朗。在收入方面，次级收入赤字从29亿丹麦克朗略微扩大到31亿丹麦克朗，而初级收入盈余从56亿丹麦克朗上升到80亿丹麦克朗。

Denmark’s seasonally adjusted current account surplus narrowed to DKK 28.3 billion in May 2025, from a downwardly revised DKK 29.9 billion in the previous month. This marked the lowest surplus amount since May 2024, as the goods account surplus decreased to DKK 22.7 billion from DKK 26.1 billion, due to a 1.2% decline in exports. At the same time, the services account surplus eased to DKK 0.6 billion from DKK 1.1 billion. On the income side, the secondary income deficit widened slightly to DKK 3.1 billion from DKK 2.9 billion, while the primary income surplus rose to DKK 8.0 billion from DKK 5.6 billion, partially offsetting the overall decline.

丹麦经季节性调整的商品和服务贸易顺差从上个月向下修正的272亿丹麦克朗收窄至2025年5月的234亿丹麦克朗。这标志着自2024年5月以来的最低顺差，出口环比下降0.8%，至1729亿丹麦克朗，受商品出口（-1.2%）和服务出口（-0.1%）下降的影响。另一方面，进口增长1.7%，达到1496亿丹麦克朗，这得益于商品进口（2.7%）和服务进口（0.6%）的增长。今年前五个月，该国实现了1215亿丹麦克朗的盈余，比2024年同期的1031亿丹麦克朗有所扩大。

Denmark’s seasonally adjusted goods and services trade surplus narrowed to DKK 23.4 billion in May 2025 from a downwardly revised DKK 27.2 billion in the previous month. This marked the lowest surplus since May 2024, as exports fell by 0.8% month-on-month to DKK 172.9 billion, weighed down by the decline in goods exports (-1.2%) and services exports (-0.1%). On the other hand, imports rose by 1.7% to DKK 149.6 billion, supported by the increase in goods imports (2.7%) and services imports (0.6%). For the first five months of the year, the country posted a DKK 121.5 billion surplus, widening from DKK 103.1 billion in the same period of 2024.