爱尔兰综合指数 (ISEQ) 加自选

2025年5月，法国巴黎银行爱尔兰房地产建筑PMI降至49.2，低于4月的52.4，这是该行业自2月以来的首次收缩。这一下降反映了市场不确定性的增加和需求疲软的迹象。新订单增长放缓至三个月低点，主要是由于美国贸易政策的不确定性。就业人数小幅上升，尽管创造的就业机会达到了自1月以来的最高水平。商业活动连续第四个月扩张，保持与4月份相似的速度。相比之下，住房活动出现了9个月来的首次收缩，而土木工程在三个子行业中的下滑幅度最大。采购活动继续增加，而交货时间明显延长，主要是由于人员短缺。在价格方面，投入成本通胀基本保持不变，并保持在系列平均水平之上。最后，由于对新项目的预期，市场情绪仍然乐观。

The BNP Paribas Real Estate Construction PMI in Ireland fell to 49.2 in May 2025, down from April’s 52.4, marking the first contraction in the sector since February. The decline reflects mounting market uncertainty and signs of softening demand. New order growth eased to a three-month low, largely due to uncertainty surrounding US trade policy. Employment rose modestly, though job creation reached its highest level since January. Commercial activity expanded for the fourth straight month, maintaining a pace similar to April. In contrast, housing activity contracted for the first time in nine months, while civil engineering saw the sharpest downturn among the three sub-sectors. Purchasing activity continued to rise, while delivery times lengthened notably, mainly due to staff shortages. On prices, input cost inflation remained broadly unchanged and stayed above the series average. Finally, sentiment remained optimistic, supported by expectations of new projects moving forward.

2025年4月，工业生产同比增长18.1%，低于3月份向上修正的47.8%的增长，这是两年多来的最高水平。这标志着工业活动三个月来最疲软的增长，因为制造业（19.5%对3月份的50.2%）和可运输货物（19.2%对50.7%）的产出增长放缓。与此同时，电力、天然气、蒸汽和空调供应的产量继续萎缩（-13%对-20.2%）。按月计算，工业产出下降了15.2%，这是自2023年7月以来的最大跌幅，此前一个时期增长了14.4%。

Industrial production rose by 18.1% year-on-year in April 2025, slowing from an upwardly revised 47.8% increase in March, which was the highest in over two years. This marked the softest growth in industrial activity in three months, as output gains moderated in manufacturing industries (19.5% vs. 50.2% in March) and transportable goods (19.2% vs. 50.7%). Meanwhile, production continued to contract in electricity, gas, steam, and air conditioning supply (-13% vs. -20.2%). On a monthly basis, industrial output shrank by 15.2%, the steepest decline since July 2023, following a 14.4% increase in the previous period.

爱尔兰的经常账户盈余从2024年同期的149亿欧元缩小到2025年第一季度的66亿欧元。服务账户出现4亿欧元赤字，从93亿欧元盈余转为4亿欧元。此外，初级收入差距从320亿欧元扩大到662亿欧元，次级收入缺口几乎没有变化，为10亿欧元。与此同时，商品顺差从388亿欧元扩大到742亿欧元。

The current account surplus in Ireland narrowed to EUR 6.6 billion in the first quarter of 2025 from EUR 14.9 billion in the corresponding period of 2024. The services account posted a deficit of EUR 0.4 billion, switching from a EUR 9.3 billion surplus. Also, the primary income gap widened to EUR 66.2 billion from EUR 32 billion and the secondary income shortfall was little changed at EUR 1 billion. Meanwhile, the goods surplus widened to EUR 74.2 billion from EUR 38.8 billion.

爱尔兰经济在2025年第一季度环比增长9.7%，比初步估计的3.2%大幅上升，而上一时期的增长率为5.0%。这标志着自2020年第三季度以来最快的扩张速度，主要受出口激增的推动，因为跨国公司在美国总统唐纳德·特朗普引入新关税之前急于提前发货。大部分扩张源于跨国公司主导的行业，外国公司的活动增长了12.4%。全球化工业部门增长17.1%，而信息和通信部门增长3.8%。相比之下，国内经济增长较为温和，为0.7%，这得益于个人消费增长0.6%和政府支出增长0.7%。与此同时，在2024年第四季度修正后下降5.1%后，第一季度国民生产总值下降了2.1%。

Ireland’s economy expanded by 9.7% quarter-on-quarter in Q1 2025, a sharp upgrade from the preliminary estimate of 3.2% and compared with an upwardly revised 5.0% growth in the previous period. This marked the fastest pace of expansion since Q3 2020, driven primarily by a surge in exports as multinational companies rushed to front-load shipments ahead of new tariffs introduced by US President Donald Trump. Much of the expansion stemmed from the multinational-dominated sectors, with activity among foreign-based firms rising 12.4%. The globalized industry sector jumped 17.1%, while the information & communication sector grew by 3.8%. In contrast, the domestic economy saw more modest growth of 0.7%, supported by a 0.6% rise in personal consumption and a 0.7% increase in government spending. Meanwhile, the GNP fell by 2.1% in Q1, after a revised 5.1% decline in Q4 2024.