芬兰OMX赫尔辛基25指数 (OMXHelsinki25) 加自选

芬兰的经常账户赤字从去年同期的32.81亿欧元大幅收窄至2025年4月的2.22亿欧元。这一改善主要是由于商品账户盈余显著增加，从2024年4月的2.73亿欧元增加到7.6亿欧元。此外，与一年前的29.64亿欧元相比，2025年4月的主要收入赤字显著缩小至2.57亿欧元。与此同时，服务账户赤字从3.88亿欧元扩大到4.61亿欧元，次级收入缺口从2.02亿欧元增加到2.64亿欧元。

Finland's current account deficit narrowed sharply to EUR 222 million in April 2025, from EUR 3,281 million in the corresponding month of the previous year. The improvement was driven primarily by a notable rise in the goods account surplus, which increased to EUR 760 million from EUR 273 million in April 2024. Additionally, the primary income deficit narrowed markedly to EUR 257 million in April 2025, compared to EUR 2,964 million a year earlier. Meanwhile, the services account deficit widened to EUR 461 million from EUR 388 million, and the secondary income shortfall went up to EUR 264 million from EUR 202 million.

继上个月增长7.8%之后，芬兰工业生产在2025年4月同比增长10.1%。这标志着自2021年12月以来工业活动的最强劲扩张，因为电力、天然气、蒸汽和空调供应（3月份为15.5%对6.8%）和制造业（9.1%对8.9%）的产出加速。此外，采矿和采石业的产量大幅反弹（4.1%对-7%）。经季节性调整的月度数据显示，4月份工业活动增长1.6%，低于前一时期3.7%的向上修正的两年高点。

Industrial production in Finland surged by 10.1% year-on-year in April 2025, following a 7.8% advance in the previous month. This marked the strongest expansion in industrial activity since December 2021, as output accelerated for electricity, gas, steam and air conditioning supply (15.5% vs 6.8% in March) and manufacturing (9.1% vs 8.9%). Additionally, production rebounded sharply for mining and quarrying (4.1% vs -7%). On a seasonally adjusted monthly basis, industrial activity rose by 1.6% in April, slowing from an upwardly revised two-year high of 3.7% increase in the preceding period.

据初步估计，芬兰的贸易逆差从去年同期的4.7亿欧元缩小到2025年4月的1亿欧元。出口同比下降3.3%，至61亿欧元，主要原因是对非欧盟国家的销售额下降（11.2%），但部分被欧盟国家出口的增长（2.7%）所抵消。在贸易伙伴中，主要向波兰（38%）、瑞典（12.2%）和意大利（7.7%）的出货量增加。与此同时，进口下降8.7%，至62亿欧元，主要原因是来自欧盟（8.4%）和非欧盟国家（9%）的采购减少。进口增长主要来自挪威（124%）、西班牙（17.4%）和美国（1%）。

Finland’s trade deficit narrowed to EUR 0.10 billion in April 2025 from EUR 0.47 billion in the same month of the previous year, according to preliminary estimates. Exports saw a 3.3% decrease year-on-year to 6.1 billion, driven by a drop in sales to non-EU countries (11.2%) while, partially offset by the rise in exports for EU countries (2.7%). Among trading partners, shipments increased mainly to Poland (38%), Sweden (12.2%), and Italy (7.7%). Meanwhile, imports fell 8.7% to EUR 6.2 billion, mainly due to the lower purchases from EU (8.4%) and non-EU countries (9%). Imports grew mostly from Norway (124%), Spain (17.4%), and US (1%).

芬兰经济在2025年前三个月环比停滞，而最初估计的增长率为0.1%，上一季度上调了0.2%。家庭消费反弹，在2024年第四季度下降0.5%后增长0.5%，而固定投资也有所复苏，在下降0.2%后增长0.3%。相比之下，政府支出在2025年第一季度收缩了2%，扭转了上一季度0.6%的增长。在对外贸易方面，商品和服务出口下降速度较慢（第四季度为-0.4%对-1.9%），而进口（0.2%对-1.4%）反弹。按年度计算，芬兰2025年第一季度的国内生产总值增长了0.8%，低于最初估计的1.2%的增长率，也低于2024年第四季度向下修正的1%的增长率。

Finland’s economy stalled quarter-on-quarter in the first three months of 2025, compared to initial estimates of a 0.1% gain and following an upwardly revised 0.2% expansion in the previous quarter. Household consumption rebounded, rising by 0.5% after a 0.5% decline in Q4 2024, while fixed investment also recovered, increasing by 0.3% following a 0.2% drop. In contrast, government spending contracted by 2% in Q1 2025, reversing a 0.6% growth in the prior quarter. In terms of external trade, exports of goods and services fell at a slower pace (-0.4% vs -1.9% in Q4), while imports (0.2% vs -1.4%) rebounded. On an annual basis, Finland’s GDP grew by 0.8% in Q1 2025, down from an initial estimate of 1.2% advance and slowing from a downwardly revised 1% growth recorded in Q4 2024.