斯洛伐克SAX指数 (SAX) 加自选

斯洛伐克的贸易顺差从去年同期的1.766亿欧元急剧扩大到2025年9月的4.283亿欧元，超过了市场预期的1亿欧元。这标志着连续第五个月出现顺差，出口增加，进口下降。出口同比增长1.8%，达到93.4120亿欧元，这得益于杂项制成品出货量的增加，出货量激增约18%。对欧盟的销售额增长了7.7%，而对非欧盟国家的出口下降了18.8%。与此同时，进口额下降1.0%，至89.128亿欧元，部分原因是矿物燃料、润滑油和相关材料的采购量减少了约34%。来自非欧盟国家的入境货物下降了16.0%，而来自欧盟的进口货物增长了7.0%。考虑到1月至9月期间，该国的贸易顺差从去年同期的2769.5欧元收窄至188580万欧元。

Slovakia’s trade surplus widened sharply to EUR 428.3 million in September 2025 from EUR 176.6 million in the corresponding month of the previous year, surpassing market expectations of EUR 100 million. This marked the fifth consecutive month of surplus, as exports rose while imports fell. Year-on-year, exports increased by 1.8% to EUR 9,341.2 million, supported by higher shipments of miscellaneous manufactured articles, which surged about 18%. Sales to the EU grew by 7.7%, while exports to non-EU countries fell by 18.8%. Meanwhile, imports dropped by 1.0% to EUR 8,912.8 million, partly due to a roughly 34% decrease in purchases of mineral fuels, lubricants, and related materials. Inbound shipments from non-EU countries declined by 16.0%, while imports advanced by 7.0% from the EU. Considering the January to September period, the country's trade surplus narrowed to EUR 1,885.8 million from EUR 2,769.5 in the same period a year earlier.

2025年9月，斯洛伐克的零售额同比增长1.4%，从上个月0.7%的下降中反弹。这标志着自2024年12月以来零售活动的最高水平，因为汽车燃料（8月份为0.7%对0.5%）和专卖店的其他商品（8.1%对4.7%）的销售额有所增长。与此同时，ICT设备的销售额出现反弹（12.5%对-2.9%），而食品、饮料和烟草（-10.7%对-14.7%）、其他家用设备（-0.1%对-5.6%）以及商店、摊位或市场外贸易（-1.5%对-12.5%）的购买量下降幅度较小。相比之下，在非专业商店销售的商品的销售增长有所放缓（0.7%对4.4%），而文化和娱乐商品的购买量进一步下降（-5.8%对-3.5%）以及通过摊位和市场销售的商品（-21.7%对-10.8%）。9月份零售业环比增长1.6%，前一时期持平。

Retail sales in Slovakia rose by 1.4% year-on-year in September 2025, rebounding from a 0.7% decline in the previous month. This marked the highest level of retail activity since December 2024 as sales increased for automotive fuel (0.7% vs 0.5% in August) and other goods in specialized stores (8.1% vs 4.7%). At the same time, sales rebounded for ICT equipment (12.5% vs -2.9%), while purchases declined softer for food, beverages, and tobacco (-10.7% vs -14.7%), other household equipment (-0.1% vs -5.6%), and trade outside stores, stalls, or markets (-1.5% vs -12.5%). In contrast, sales growth eased for goods sold in non-specialized stores (0.7% vs 4.4%), while purchases declined further for cultural and recreational goods (-5.8% vs -3.5%) and sales via stalls and markets (-21.7% vs -10.8%). On a monthly basis, retail trade increased by 1.6% in September, following a flat reading in the preceding period.

斯洛伐克的工业信心指数环比下降6.6点，从前一个月的-3.7降至2025年10月的-10.3。这是自2023年7月以来的最低水平，主要是由于预期产量大幅下降（-10比9月的12），特别是机动车、拖车、半拖车和其他运输设备，以及木材、纸张、印刷和复制。目前的订单水平也在继续下降（-22比-17），最明显的是机械和设备制造业，以及除机械和设备外的基本金属和金属制品。与此同时，销售价格预期进一步减弱（7比11），而就业前景也恶化（-3比-1）。

The industrial confidence indicator in Slovakia fell by 6.6 points month-over-month to -10.3 in October 2025 from -3.7 in the previous month. This marked the lowest reading since July 2023, mainly driven by a sharp decline in expected production (-10 vs 12 in September), particularly in motor vehicles, trailers, semi-trailers and other transport equipment, as well as in wood, paper, printing and reproduction. The current level of orders also continued to drop (-22 vs -17), most notably in the manufacture of machinery and equipment n.e.c., and in basic metals and fabricated metal products, except machinery and equipment. At the same time, selling price expectations weakened further (7 vs 11), while employment outlook also deteriorated (-3 vs -1).

斯洛伐克的消费者信心指数从上个月的-22.3降至2025年10月的-22.8。下降的主要原因是家庭财务前景更加悲观（-10.8比-10.1），对失业的担忧加剧（27.1比23.6）。与此同时，对该国整体经济形势的看法继续恶化（-39对-38.1）。与此同时，消费者对家庭储蓄的态度增强（-14.3对-17.2）。

Slovakia’s consumer confidence indicator fell to -22.8 in October 2025 from -22.3 in the previous month. The decline was mainly driven by a more pessimistic outlook on household finances (-10.8 vs -10.1) and heightened concerns about unemployment (27.1 vs 23.6). At the same time, sentiment regarding the country’s overall economic situation continued to deteriorate (-39 vs -38.1). Meanwhile, consumers’ attitude toward savings in households strengthened (-14.3 vs -17.2).