爱沙尼亚塔林OMX指数 (OMXTallinn) 加自选

2025年9月，爱沙尼亚的零售额同比增长3.7%，从上个月1.7%的下降中反弹。这是自6月以来的最高读数，主要原因是计算机、外围设备、软件和电信设备的销售额增长更快（28.5%对8月的1.6%），专卖店的汽车燃料（21.8%对6.2%），二手商品、售货亭和市场的零售额，以及不在商店、售货亭或市场的其他零售额（8.1%对4.0%），同时医疗和骨科商品、化妆品和卫生用品的销售额大幅反弹（5.0%对-2.2%）。相反，纺织品、服装和鞋类的销售额增长速度较慢（0.8%对4.1%），而食品、饮料和烟草（-4.2%对-3.9%）、非专卖店的其他商品（-5.2%对-4.7%）以及音频和视频设备（-4.7%对-3.6%）的销售额进一步下降。按月计算，9月份零售活动在前一时期下降3.3%后停滞不前。

Retail sales in Estonia increased by 3.7% year-on-year in September 2025, rebounding from a 1.7% decline in the previous month. This marked the highest reading since June, driven by a faster increase in sales of computers, peripheral units, software, and telecommunications equipment (28.5% vs 1.6% in August), automotive fuel in specialized stores (21.8% vs 6.2%), and second-hand goods, retail sales in kiosks and markets, and other retail sales not in stores, kiosks, or markets (8.1% vs 4.0%), alongside a sharp rebound in sales for medical and orthopedic goods, cosmetic and toilet articles (5.0% vs -2.2%). Conversely, sales rose at a softer pace for textiles, clothing, and footwear (0.8% vs 4.1%), while sales declined further for food, beverages and tobacco (-4.2% vs -3.9%), other goods in non-specialized stores (-5.2% vs -4.7%), and audio and video equipment (-4.7% vs -3.6%). On a monthly basis, retail activity stalled in September, following a 3.3% fall in the preceding period.

爱沙尼亚生产者价格指数在2025年9月同比上涨0.5%，从前一个月1.6%的跌幅反弹。再次上涨的主要原因是制造成本的复苏（8月份为0.6%对-0.1%）和采矿和采石价格的更快上涨（3.2%对2.7%）。与此同时，电力、天然气、蒸汽和空调的收缩减弱（-1.1%对-18.3%）。与此同时，供水价格增长放缓（2.7%对3.3%）。按月计算，9月份生产者价格指数增长0.5%，低于8月份的1.6%。

Estonian producer prices rose by 0.5% year-on-year in September 2025, rebounding from a 1.6% drop in the previous month. The renewed rise was primarily driven by a recovery in manufacturing costs (0.6% vs -0.1% in August) and a faster increase in prices for mining and quarrying (3.2% vs 2.7%). At the same time, the contraction softened for electricity, gas, steam, and air conditioning (-1.1% vs -18.3%). Meanwhile, price growth for water supply slowed (2.7% vs 3.3%). On a monthly basis, producer prices grew by 0.5% in September, easing from 1.6% in August.

由于出口下降而进口增加，爱沙尼亚的贸易逆差从去年同期的200.9欧元扩大到2025年8月的2.637亿欧元。出口同比下降2%，至14.258亿欧元，受对非欧盟国家出口减少（-16%）的影响，尽管欧盟国家的出口增加（3%）。在商品中，纺织品和纺织制品（12%）、运输设备（11%）以及农产品和食品制剂（5%）的价格显著上涨。与此同时，进口增长了2%，达到16.895亿欧元，这是由于非欧盟国家的采购量增加（11%），而欧盟国家的出口量没有变化（0%）。只有木材和木制品（95%）和杂项制成品（53%）的到货量有所增加。考虑到今年前八个月，该国的贸易缺口为25.124亿欧元，比去年同期的21.677亿欧元有所扩大。

Estonia’s trade deficit widened to EUR 263.7 million in August 2025 from EUR 200.9 in the corresponding month of the previous year, as exports fell while imports rose. Year-on-year, exports declined 2% to EUR 1,425.8 million, weighed down by lower shipments to non-EU countries (-16%), despite an increase in EU countries (3%). Among commodities, notable increases were seen in textile and textile articles (12%), transport equipment (11%), and agricultural products and food preparations (5%). Meanwhile, imports grew by 2% to EUR 1,689.5 million, driven by higher purchases from non-EU countries (11%), while outbound shipments were unchanged from EU countries (0%). Increased arrivals were recorded only for wood and articles of wood (95%) and miscellaneous manufactured articles (53%). Considering the first eight months of the year, the country posted a EUR 2512.4 million trade shortfall, expanding from a EUR 2167.7 million gap in the same period a year earlier.

爱沙尼亚的年通货膨胀率从上个月的近两年高点6.1%降至2025年9月的5.2%。最新数据为6月以来的最低水平，主要是由于食品和非酒精饮料（8月份为7.7%对9.2%）、娱乐和消遣（6.4%对8.2%）以及教育（1.1%对2.7%）的价格涨幅放缓。此外，服装和鞋类的成本下降速度更快（-4.5%对-1.8%）。另一方面，住房（2.5%对1.5%）和杂项商品和服务（5%对4.2%）的通货膨胀率进一步上升。按月计算，9月份消费者价格指数下降1.1%，为六个月来首次下降，扭转了前一时期1%的涨幅。

The annual inflation rate in Estonia slowed to 5.2% in September 2025, from a nearly two-year high of 6.1% in the previous month. The latest figure marked the lowest reading since June, mainly due to softer price increases for food and non-alcoholic beverages (7.7% vs 9.2% in August), recreation and entertainment (6.4% vs 8.2%), and education (1.1% vs 2.7%). Additionally, costs declined at a faster pace for clothing and footwear (-4.5% vs -1.8%). On the other hand, inflation increased further for housing (2.5% vs 1.5%) and miscellaneous goods and services (5% vs 4.2%). On a monthly basis, consumer prices decreased by 1.1% in September, marking the first decline in six months, reversing a 1% gain in the preceding period.