爱沙尼亚塔林OMX指数 (OMXTallinn) 加自选

爱沙尼亚的生产者价格指数在2025年6月同比下降1.5%，扭转了5月份0.5%的涨幅，这是自去年11月以来生产者价格指数的首次下降。这也是自2024年5月以来的最大跌幅，主要受电力、天然气、蒸汽和空调价格暴跌的影响（-35.5%对5月的-8.1%）。此外，采矿和采石价格小幅下跌（5月份为-0.2%对0.4%）。相比之下，供水、污水处理、废物管理和修复活动（11.4%对11.2%）和制造业（1.3%对1.1%）的价格增长加速。按月计算，生产者价格指数在5月份上涨0.2%后，6月份下跌1.4%，为三个月来最大跌幅。

Estonia’s producer prices fell by 1.5% year-on-year in June 2025, reversing a 0.5% increase in May, marking the first decline in producer prices since last November. It also marked the steepest decline since May 2024, mainly weighed down by slumps in prices of electricity, gas, steam, and air conditioning (-35.5% vs -8.1% in May). Also, mining and quarrying prices edged down (-0.2% vs 0.4% in May). In contrast, price growth in water supply, sewerage, waste management, and remediation activities (11.4% vs 11.2%) and manufacturing (1.3 vs 1.1%) accelerated. On a monthly basis, producer prices fell by 1.4% in June, after a 0.2% rise in May, marking the steepest decline in three months.

由于出口增长低于进口，爱沙尼亚的贸易逆差从去年同期的2.03亿欧元扩大到2025年5月的2.81亿欧元。出口同比增长2%，达到15.73亿欧元，其中对欧盟国家的出口增加（3%），而对非欧盟国家的进口下降（-2%）。在商品中，农产品和食品制剂（16%）、运输设备（15%）和电气设备（11%）的价格显著上涨。与此同时，进口增长了6%，达到18.55亿欧元，这是由于来自非欧盟国家的采购激增（54%），尽管来自欧盟国家的入境货物下降（-1%）。纸张和物品（11%）、杂项制成品（8%）和电气设备（7%）的入境人数有所增加。考虑到今年前五个月，该国出现了14.64亿欧元的缺口，比去年同期的13.02亿欧元有所增加。

Estonia’s trade deficit widened to EUR 281 million in May 2025 from EUR 203 million in the same month of the previous year, as exports rose less than imports. Year-on-year, exports advanced 2% to EUR 1,573 million, with shipments rising to EU countries (3%), while falling to non-EU countries (-2%). Among commodities, notable increases were seen in agricultural products and food preparations (16%), transport equipment (15%), and electrical equipment (11%). Meanwhile, imports grew at a faster 6% to EUR 1,855 million, driven by a surge in purchases from non-EU countries (54%), despite a decline in inbound shipments from EU countries (-1%). Arrivals went up for paper and articles (11%), miscellaneous manufactured articles (8%), and electrical equipment (7%). Considering the first five months of the year, the country posted a shortfall of EUR 1,464 million, expanding from EUR 1,302 million in the corresponding period a year earlier.

爱沙尼亚的年通货膨胀率从前两个月的4.5%上升到2025年6月的5%。这是自2025年2月以来的最高读数，因为食品和非酒精饮料（5月份为8.4%对7.1%）、家居用品（3.1%对1.6%）、交通（7.5%对6.2%）、娱乐和文化（7.4%对4.9%）以及酒店、咖啡馆和餐馆（8.7%对4.9%。与此同时，酒精和烟草（2.9%对3.2%）、通信（0.7%对1.6%）、教育（2.2%对2.5%）以及杂项商品和服务（5.2%对5.9%）的通胀放缓。此外，住房价格下跌（-0.6%对2.1%）。6月份，消费者价格指数环比上涨0.9%，而前一时期上涨0.1%。

The annual inflation rate in Estonia rose to 5% in June 2025 from 4.5% in the previous two months. This marked the highest reading since February 2025, as prices increased faster for food and non-alcoholic beverages (8.4% vs 7.1% in May), household goods (3.1% vs 1.6%), transport (7.5% vs 6.2%), recreation and culture (7.4% vs 4.9%), and hotels, cafés and restaurants (8.7% vs 4.9%). Meanwhile, inflation slowed for alcohol and tobacco (2.9% vs 3.2%), communications (0.7% vs 1.6%), education (2.2% vs 2.5%), and miscellaneous goods and services (5.2% vs 5.9%). Moreover, prices declined for housing (-0.6% vs 2.1%). On a monthly basis, consumer prices grew by 0.9% in June, following a 0.1% gain in the preceding period.

2025年5月，爱沙尼亚的工业生产同比增长0.9%，低于上个月向上修正的4.3%的增长，这标志着近三年的高点。经济放缓主要是由于制造业产出增长放缓（1.4%对4月份的4.7%），特别是木材（0.6%对3.8%）和食品（0.3%对6.2%）。与此同时，采矿和采石业的产量继续萎缩（-19.7%对-2.1%）。与此同时，电力、天然气、蒸汽和空调供应的产出加速（6.9%对0.6%）。按月计算，工业生产下降0.5%，此前一段时间上调了1.2%。

Industrial production in Estonia rose by 0.9% year-on-year in May 2025, easing from an upwardly revised 4.3% increase in the previous month, which marked a near three-year high. The slowdown was mainly driven by moderated growth in manufacturing output (1.4% vs. 4.7% in April), particularly in wood (0.6% vs. 3.8%) and food products (0.3% vs. 6.2%). At the same time, output for mining and quarrying continued to contract (-19.7% vs. -2.1%). Meanwhile, output accelerated in electricity, gas, steam, and air-conditioning supply (6.9% vs. 0.6%). On a monthly basis, industrial production fell by 0.5%, following an upwardly revised 1.2% gain in the prior period.