希腊3个月期国债 (Greece3M) 加自选

2025年7月，希腊的经常账户盈余从去年同期的2.1亿欧元扩大到9.38亿欧元。服务业盈余从41亿欧元增至45亿欧元，这得益于旅游收入增长了15%（45.2亿欧元对39.3亿欧元）。主要收入账户赤字也从8.24亿欧元大幅收窄至4.08亿欧元，反映出利息、股息和利润的净流出减少。相比之下，商品赤字从28.5亿欧元小幅扩大至29.2亿欧元，出口下降5.2%，进口下降2.2%。由于所有部门的净支出增加，二级收入账户赤字也从1.82亿欧元加深到2.32亿欧元。2025年1月至7月期间，经常账户赤字同比减少14亿欧元，为67亿欧元。

Greece’s current account surplus widened to €938 million in July 2025, up from €210 million in the same month last year. The services surplus rose to €4.5 billion from €4.1 billion, driven by a 15% increase in tourism revenues (€4.52 billion vs. €3.93 billion). The primary income account deficit also narrowed sharply to €408 million from €824 million, reflecting lower net outflows of interest, dividends, and profits. By contrast, the goods deficit widened slightly to €2.92 billion from €2.85 billion, as exports fell 5.2% while imports dropped 2.2%. The secondary income account deficit also deepened to €232 million from €182 million due to higher net payments across all sectors. For the January–July 2025 period, the current account deficit narrowed by €1.4 billion year-on-year, standing at €6.7 billion.

2025年第二季度，希腊建筑业产出同比增长7.2%，从上一季度向上修正的3.8%的下降中反弹。建筑施工产量增长（第一季度为9.3%对4.6%），而土木工程产量增长大幅恢复（17.6%对-10.4%）。此外，专业建筑的收缩有所缓解（-3.5%对-4%）。按季度计算，6月份季度建筑业产出加速44%，从上一季度51%的暴跌中反弹。

Construction output in Greece grew by 7.2% year-on-year in the second quarter of 2025, rebounding from an upwardly revised 3.8% decline in the previous quarter. Production rose for building construction (9.3% vs 4.6% in Q1), while output growth recovered sharply for civil engineering (17.6% vs -10.4%). In addition, contraction eased for specialized construction (-3.5% vs -4%). On a quarterly basis, construction output accelerated by 44% in the June quarter, rebounding from a 51% plunge in the preceding period.

希腊的年通货膨胀率从7月份的3.1%的一年多高点放缓至2025年8月的2.9%。几个群体的价格增长有所放缓，包括食品和非酒精饮料（7月份为2.2%对2.8%）、服装和鞋类（7.7%对8.4%）、住房（3.7%对6.6%）、通信（1.7%对2.1%）、健康（0.6%对2%）以及酒精饮料和烟草（1.2%对1.8%）。相反，交通成本反弹（1.6%对-1.1%），而娱乐和文化价格上涨（1.2%对0.8%）。与此同时，酒店、咖啡馆和餐馆（6.2%）以及教育（2.6%）的价格保持稳定。按月计算，消费者价格在上个月下降0.4%后小幅上涨0.1%。

The annual inflation rate in Greece slowed to 2.9% in August 2025, from a more than one-year high of 3.1% in July. Price growth eased across several groups, including food and non-alcoholic beverages (2.2% vs 2.8% in July), clothing and footwear (7.7% vs 8.4%), housing (3.7% vs 6.6%), communication (1.7% vs 2.1%), health (0.6% vs 2%), and alcoholic beverages and tobacco (1.2% vs 1.8%). Conversely, transport costs rebounded (1.6% vs -1.1%), while prices for recreation and culture increased (1.2% vs 0.8%). At the same time, prices for hotels, cafés, and restaurants (6.2%) and education (2.6%) held steady. On a monthly basis, consumer prices edged up 0.1%, after a 0.4% drop in the previous month.

2025年7月，希腊工业生产同比下降0.5%，扭转了上个月向上修正的1%的增长。下降的主要原因是采矿和采石业（2.2%对6月份的16.6%）和制造业（0.5%对3.1%）的放缓。另一方面，电力（-4%对-7.2%）和供水（-2%对-3%）的产量下降速度较慢。按工业类别划分，耐用消费品（-14.8%对27.8%）和非耐用消费品的产出下滑（-3.3%对3.2%），而中间产品（6.3%对7.4%）和资本品（9.2%对9.3%）的产出放缓。相反，能源产量下降幅度较小（-3.6%对-9%）。经季节性调整的月度数据显示，7月份工业产出增长0.4%。

Industrial production in Greece fell by 0.5% year-on-year in July 2025, reversing an upwardly revised 1% gain in the previous month. The decline was primarily driven by a slowdown in mining and quarrying (2.2% vs 16.6% in June) and manufacturing (0.5% vs 3.1%). On the other hand, output decreased at a softer pace for electricity (-4% vs -7.2%) and water supply (-2% vs -3%). By industrial group, output slipped for consumer durables (-14.8% vs 27.8%) and consumer non-durables (-3.3% vs 3.2%), while it slowed for intermediate goods (6.3% vs 7.4%) and capital goods (9.2% vs 9.3%). Conversely, production declined less for energy (-3.6% vs -9%). On a seasonally adjusted monthly basis, industrial output grew by 0.4% in July.