OMX哥本哈根指数 (OMXCopenhagen) 加自选

丹麦的年通货膨胀率从9月份的2.3%降至2025年10月的2.1%。住房和公用事业（1.5%对1.6%）、交通（1.5%对2.0%）、食品和非酒精饮料（4.5%对5.3%）以及娱乐和文化（2.3%对3.0%）的通货膨胀有所缓和。与此同时，餐馆和酒店（2.5%对1.8%）、通信（4.7%对4.1%）以及酒精饮料和烟草（1.6%对0.9%）的通胀加速，家具、家用设备和维护（1.2%对-0.1%）的通胀反弹。健康通胀率稳定在1.1%，而服装和鞋类价格继续下跌（-0.8%）。按月计算，10月份消费者价格指数上涨0.4%，这是三个月来的首次上涨，从9月份0.1%的跌幅反弹。不包括能源和未加工食品的核心通胀率从前一个月的2.2%微升至2.3%。

Denmark’s annual inflation rate eased to 2.1% in October 2025 from 2.3% in September. Inflation moderated for housing and utilities (1.5% vs 1.6%), transport (1.5% vs 2.0%), food and non-alcoholic beverages (4.5% vs 5.3%), and recreation and culture (2.3% vs 3.0%). Meanwhile, inflation accelerated for restaurants and hotels (2.5% vs 1.8%), communication (4.7% vs 4.1%), and alcoholic beverages and tobacco (1.6% vs 0.9%), and rebounded for furnishings, household equipment, and maintenance (1.2% vs -0.1%). Health inflation remained steady at 1.1%, while prices for clothing and footwear continued to fall (-0.8%). On a monthly basis, consumer prices rose 0.4% in October, the first increase in three months, rebounding from a 0.1% decline in September. Core inflation, which excludes energy and unprocessed food, edged up to 2.3% from 2.2% in the previous month.

2025年9月，丹麦经季节性调整的商品和服务贸易顺差增至335亿丹麦克朗，高于8月向上修正的258亿丹麦克朗。出口月环比增长3.4%，至1817亿丹麦克朗，完全受商品和服务出口增加的推动。与此同时，进口下降1.1%，至1482亿丹麦克朗。今年前九个月，丹麦的贸易顺差为2420亿丹麦克朗，高于2024年同期的2267亿丹麦克朗。

Denmark’s seasonally adjusted goods and services trade surplus rose to DKK 33.5 billion in September 2025, up from an upwardly revised DKK 25.8 billion in August. Exports increased 3.4% month-on-month to DKK 181.7 billion, driven entirely by higher goods and services exports. Meanwhile, imports declined 1.1% to DKK 148.2 billion. Over the first nine months of the year, Denmark recorded a trade surplus of DKK 242.0 billion, widening from DKK 226.7 billion in the same period of 2024.

丹麦经季节性调整的经常账户盈余从上个月向上修正的292亿丹麦克朗显著增加到2025年9月的384亿丹麦克朗，这是自5月以来的最低水平。商品账户盈余从一个月前的227亿丹麦克朗跃升至301亿丹麦克朗。出口增长6.7%，进口下降0.8%。服务账户盈余从32亿丹麦克朗微升至34亿丹麦克朗。在收入方面，初级收入盈余从60亿丹麦克朗扩大到81亿丹麦克朗，而次级收入赤字从26亿丹麦克朗加深到32亿丹麦克朗。

Denmark’s seasonally adjusted current account surplus notably increased to DKK 38.4 billion in September 2025 from an upwardly revised DKK 29.2 billion in the previous month, which had marked the lowest level since May. The goods account surplus jumped to DKK 30.1 billion from DKK 22.7 billion a month earlier, as exports increased 6.7% while imports fell 0.8%. The services account surplus inched up to DKK 3.4 billion from DKK 3.2 billion. On the income side, the primary income surplus widened to DKK 8.1 billion from DKK 6.0 billion, while the secondary income deficit deepened to DKK 3.2 billion from DKK 2.6 billion.

2025年9月，丹麦制造业产量环比增长8%，从前一个月向上修正的3%的下降中反弹。这标志着自2024年4月以来制造业活动的最大增长，因为运输业的产出增加（34.9%对8月份的4.6%）。与此同时，制药（23.8%对-8.5%）、纺织和皮革（4.9%对-0.5%）、电子元件（9.6%对-3.1%）以及家具和其他制造业（2.7%对-0.7%）的产出大幅反弹。相比之下，木纸制品和印刷品的增长放缓（1.4%对12.6%），而食品、饮料和烟草（-1%对-0.5%）、化工和炼油厂（-1.7%对0.1%）以及金属和金属制品（-7%对8.3%）的产量下降。在非季节性调整的年度基础上，9月份制造业产出飙升10.4%，从前一时期向下修正的6.9%的下降中恢复过来。

Denmark’s manufacturing production climbed by 8% month-on-month in September 2025, rebounding from an upwardly revised 3% drop in the previous month. This marked the sharpest growth in manufacturing activity since April 2024, as output increased in the transportation industry (34.9% vs 4.6% in August). At the same time, output rebounded sharply for pharmaceuticals (23.8% vs -8.5%), textile and leather (4.9% vs -0.5%), electronic components (9.6% vs -3.1%), and furniture and other manufacturing (2.7% vs -0.7%). In contrast, growth softened for wood paper products and printing (1.4% vs 12.6%), while output declined for food, beverages, and tobacco (-1% vs -0.5%), chemical and oil refineries (-1.7% vs 0.1%), and metals and fabricated metal products (-7% 8.3%). On a non-seasonally adjusted yearly basis, manufacturing output soared by 10.4% in September, recovering from a downwardly revised 6.9% fall in the preceding period.