Core Insights - Australia's overall Consumer Price Index (CPI) year-on-year growth for Q2 2025 is 2.1%, down from 2.4% in Q1 and below the market expectation of 2.2%, marking the lowest level since Q1 2021 [1] - The quarterly inflation rate for Q2 is 0.7%, lower than Q1's 0.9% and below the market forecast of 0.8% [1] - The trimmed mean inflation rate for Q2 is 2.7%, down from 2.9% in Q1, indicating it remains above the midpoint of the Reserve Bank of Australia's (RBA) target range of 2-3% but is moving closer to it [1] Economic Outlook - The newly released inflation data is expected to alleviate the RBA's concerns about excessively high inflation [1] - The labor market may be showing signs of slowing down, which, combined with the inflation data, suggests a potential interest rate cut of 25 basis points by the RBA in August [1] - There is an increasing likelihood of further rate cuts in November 2025, February 2026, and May 2026 [1] Sector Analysis - The year-on-year inflation rate for the services sector decreased from 3.7% in Q1 to 3.3% in Q2, the lowest since June 2022, due to a slowdown in rental and insurance price increases [1] - The inflation rate for goods decreased from 1.3% in Q1 to 1.1% in Q2, primarily driven by a decline in automotive fuel prices [1] Detailed Price Changes - Year-on-year price changes for specific categories in Q2 include: - Food and non-alcoholic beverages: 3% - Alcohol and tobacco: 5.7% - Clothing and footwear: 1.2% - Housing: 2% - Health: 4.1% - Transport: -2.6% - Communication: 0.9% - Education: 5.5% - Insurance and financial services: 3.1% [2][3]

按同比计算，二季度澳大利亚截尾均值通胀率为2.7%，低于一季度的2.9%。这意味着，这项作为基础 通胀率指标的数值仍然处于澳大利亚央行设定的目标区间2-3%的中点以上，但正在向中点靠近。（新 华财经） 澳大利亚统计局7月30日宣布，2025年二季度该国整体消费者价格指数同比涨幅为2.1%，低于一季度的 2.4%，也低于市场此前预期的2.2%，达到2021年一季度以后的最低水平。环比来看，二季度通胀率为 0.7%，低于一季度的0.9%，也低于市场此前预期的0.8%。 ...

新加坡金管局称，下半年新加坡的GDP增速预计将从上半年的强劲步伐中放缓；2025年整体而言，新加 坡的核心通胀率和整体通胀率预计平均为0.5%-1.5%。 新加坡金管局7月30日维持新加坡元名义有效汇率政策现行的斜率、宽度和中点不变。 ...

新加坡金管局：2025年整体而言，新加坡的核心通胀率和整体通胀率预计平均为0.5-1.5%。 ...

（原标题：克罗地亚6月通胀率为3.7%） 克通社7月15日报道，克罗地亚统计局数据显示，克罗地亚6月消费者价格与去年同期相比上涨了 3.7%，连续第二个月出现同比通胀加速增长。餐饮和酒店类别的消费者价格涨幅最高，平均上涨 8.5%。其次是教育和各类商品及服务，均上涨6.1%；然后是食品和非酒精饮料，上涨5.8%；娱乐文化 和住房、水、电、气和其他燃料类别均上涨5.2%；医疗保健上涨5.1%。此外，通讯类别平均价格上涨 2.3%，酒精饮料和烟草上涨2%。服装和鞋类类别的年均价格下降3.2%，家具、家用设备和日常家庭维 护价格下降0.1%。 ...

Group 1 - The Turkish Finance Minister, Simsek, stated that despite facing significant internal and external shocks, the economy is entering a positive cycle again [1] - The number of bankrupt companies from January to June is approximately 3,072, which represents only 0.69% of the total private sector turnover, 0.59% of total exports, 0.78% of total employment, and 0.88% of total cash loans [1] - The goal is to reduce the annual inflation rate from the current 35% to around 20% by the end of the year [1]

Group 1 - The 10-year U.S. Treasury yield rose slightly to 4.42%, while the 2-year yield remained stable at 3.91%, resulting in a widening of the yield spread between the 2-year and 10-year bonds by 2 basis points to 51 basis points [1] - The European Union announced a temporary trade agreement, reducing tariffs on U.S. imports to 15%, indicating a de-escalation in trade tensions [3] - The Federal Reserve is expected to maintain the benchmark interest rate between 4.25% and 4.50%, with a 97% probability of no change according to futures markets [3] Group 2 - The U.S. Treasury Department projected a significant increase in federal borrowing for the third quarter, raising expectations to $1.01 trillion, nearly double the previous estimate from April [3] - Multiple economic data releases are anticipated this week, including job vacancy surveys and non-farm payroll reports, which will provide insights into the impact of tariffs on inflation [3] - In the overseas bond market, European bonds showed little volatility, with German government bonds trending upward while French bonds mostly declined [4]

Group 1 - The 10-year U.S. Treasury yield rose slightly to 4.42%, while the 30-year yield increased to 4.96%, reflecting investor expectations ahead of the Federal Reserve's policy meeting [1] - The Federal Reserve is expected to maintain the current interest rate of 4.25% - 4.50%, with a 97% probability of no change according to futures markets [4] - The upcoming economic data releases include job vacancies, ADP employment report, weekly unemployment claims, and the non-farm payroll report, which will be closely monitored by traders [4][5] Group 2 - A temporary trade agreement between the EU and the U.S. has been announced, reducing proposed tariffs on EU goods from 30% to 15%, which may ease trade tensions [3] - The U.S. Treasury Department has significantly raised its borrowing expectations for Q3 to $1.01 trillion, nearly doubling the previous estimate of $554 billion due to increased bond issuance following the debt ceiling increase [5] - The issuance of $154 billion in bonds by the U.S. Treasury includes $80 billion in 6-week bills, $44 billion in 7-year notes, and $30 billion in 2-year floating rate notes [6]

欧洲央行管委卡兹米尔：我看不到持续通胀率低于目标的迫在眉睫的威胁；风险并未向下行倾斜。 ...

智通财经7月28日电，印度6月经济报告显示，2026财年通胀率可能低于印度央行3.7%的预期。 ...