荷兰6个月期国债 (Netherlands6MonthBillYield) 加自选

2025年9月，荷兰制造业产量环比微涨0.1%，与上月上调的2%相比大幅放缓。尽管如此，这标志着产量连续第二个月增长。电气设备（1.7%对8月份的3.0%）、机械（1.0%对2.5%）和其他制成品（1.7%对3.9%）的增长明显放缓。与此同时，食品（-0.1%对2.4%）、皮革和鞋类（-0.9%对8.0%）、建筑材料（-2.0%对4.0%）、汽车和拖车（-12.2%对5.1%）以及纺织品（-0.2%对-0.5%）的产量均有所下降。相比之下，化学品（0.1%对-0.1%）、药品（10.8%对-5.7%）、基本金属（0.2%对-0.3%）、金属制品（扁平对-0.7%）和家具（1.4%对-3.0%）的生产恢复，而服装（1.0%对0.6%）的生产加速。按年计算，制造业活动增长2.1%，从8月份的持平数据反弹，创下2023年3月以来的最强劲增长。

Manufacturing production in the Netherlands edged up 0.1% month-over-month in September 2025, sharply slowing from an upwardly revised 2% gain in the previous month. Still, it marked the second consecutive monthly increase in output. Growth eased notably for electrical equipment (1.7% vs 3.0% in August), machinery (1.0% vs 2.5%), and other manufactured goods (1.7% vs 3.9%). Meanwhile, output declined for food (-0.1% vs 2.4%), leather and footwear (-0.9% vs 8.0%), building materials (-2.0% vs 4.0%), automotive and trailers (-12.2% vs 5.1%), and textiles (-0.2% vs -0.5%). In contrast, production recovered for chemicals (0.1% vs -0.1%), pharmaceuticals (10.8% vs -5.7%), basic metals (0.2% vs -0.3%), metal products (flat vs -0.7%), and furniture (1.4% vs -3.0%), while accelerating for clothing (1.0% vs 0.6%). On a yearly basis, manufacturing activity expanded 2.1%, rebounding from a flat reading in August and posting the strongest growth since March 2023.