OMX哥本哈根指数 (OMXCopenhagen) 加自选

2025年9月，丹麦零售额同比增长3.5%，高于上个月上调后的2.6%。这是自5月以来最强劲的增长，因为服装（5.5%对8月的4.1%）和其他消费品（7.9%对5%）的销售额增长更快。另一方面，食品和其他杂货的贸易明显下降（-2.2%对-0.4%）。按月计算，9月份零售活动没有增长，前一个月增长了0.3%。

Retail sales in Denmark increased by 3.5% year-on-year in September 2025, accelerating from an upwardly revised 2.6% gain in the previous month. It marked the strongest growth since May, as sales increased at a faster pace for clothing (5.5% vs 4.1% in August) and other consumer goods (7.9% vs 5%). On the other hand, trade declined notably for food and other groceries (-2.2% vs -0.4%). On a monthly basis, retail activity showed no growth in September, following a 0.3% rise in the previous month.

丹麦制造业信心指数从前一个月的两年低点92升至2025年10月的92.3。然而，最新数据仍远低于100的长期平均水平，反映出该行业持续的悲观情绪。就业预期从-15微升至-14，但连续第二个月处于负值区间。与此同时，家庭对生产的信心几乎没有提供支撑，该指数保持在9不变，表明前景黯淡。

The manufacturing confidence indicator in Denmark rose to 92.3 in October 2025 from a two-year low of 92 in the previous month. However, the latest figure remained well below the long-term average of 100, reflecting persistent pessimism in the sector. Employment expectations improved marginally to -14 from -15 but stayed in negative territory for a second consecutive month. At the same time, household sentiment toward production provided little support, with the index unchanged at 9, signaling a subdued outlook.

丹麦消费者信心指数从前一个月的-18.7降至2025年10月的-19.5。这是自2023年3月以来的最低水平，因为消费者对该国当前经济形势的评估与去年同期相比变得更加悲观（-32.9对9月的-29.1），他们对未来12个月的预期也是如此（-25.0对-21.7）。此外，家庭仍然认为目前购买主要消费品并不有利（-19.5对-16.8）。与此同时，对个人财务的情绪略有改善，消费者对过去一年（-14.3对-19.3）和来年（-6.0对-6.7）的财务状况的负面情绪有所减轻。在未纳入总体信心指标的组成部分中，对未来12个月失业的担忧进一步加剧（15.4比13.9），而消费者预计明年物价上涨的速度将与目前大致相同（29.6）。

Denmark’s consumer confidence index fell to -19.5 in October 2025 from -18.7 in the previous month. This marked the lowest reading since March 2023, as consumers’ assessments of the country’s current economic situation compared with a year ago turned more pessimistic (-32.9 vs -29.1 in September), as did their expectations for the next 12 months (-25.0 vs -21.7). Also, households still believe that it is not advantageous to purchase major consumer goods at the moment (-19.5 vs -16.8). Meanwhile, sentiment toward personal finances improved slightly, with consumers less negative about their financial situation over the past year (-14.3 vs -19.3) and the coming year (-6.0 vs -6.7). Among components not included in the overall confidence indicator, concerns about unemployment over the next 12 months increased further (15.4 vs 13.9), while consumers anticipate that prices will rise at roughly the same pace over the next year as they do at present (29.6).

丹麦的年通货膨胀率从8月份的2%上升到2025年9月的2.3%。上涨压力来自住房和公用事业（8月份为1.6%对1.3%）、交通（2.0%对0.6%）、娱乐和文化（3.0%对2.6%）、餐馆和酒店（1.8%对0.8%）以及通信（4.1%对3.2%）的价格上涨。另一方面，食品和非酒精饮料（5.3%对5.8%）、酒精饮料和烟草（0.9%对1.0%）以及健康（1.1%对2.5%）的价格增长放缓，而服装和鞋类（-0.8%对0.7%）以及家具、家用设备和维护（-0.1%对1.6%）的成本下降。按月计算，消费者价格指数在上个月下跌0.7%后小幅下跌0.1%。核心通胀率（不包括能源和未加工食品）从8月份的19个月高点2.3%降至9月份的2.2%。

The annual inflation rate in Denmark rose to 2.3% in September 2025 from 2% in August. Upward pressure came from higher prices for housing and utilities (1.6% vs 1.3% in August), transport (2.0% vs 0.6%), recreation and culture (3.0% vs 2.6%), restaurants and hotels (1.8% vs 0.8%), and communication (4.1% vs 3.2%). On the other hand, price growth slowed for food and non-alcoholic beverages (5.3% vs 5.8%), alcoholic beverages and tobacco (0.9% vs 1.0%), and health (1.1% vs 2.5%), while costs dropped for clothing and footwear (-0.8% vs 0.7%) and furnishings, household equipment and maintenance (-0.1% vs 1.6%). On a monthly basis, consumer prices edged down 0.1%, following a 0.7% fall in the previous month. Core inflation, which excludes energy and unprocessed food, ticked down to 2.2% in September, from a nineteen-month high of 2.3% in August.