尼日利亚10年期国债 (Nigeria10Y) 加自选

尼日利亚央行于2025年7月22日将关键利率维持在27.5%不变，连续第三次保持稳定。尼日利亚6月份的年通货膨胀率降至22.22%，为2023年4月以来的最低水平，也是连续第三个月下降。然而，6月份的核心通胀率从5月份的22.28%微升至22.76%，而环比通胀率小幅上升至1.68%。央行还强调了全球贸易紧张局势和地缘政治波动带来的风险，特别是美国关税的潜在价格影响，这可能会加剧进口通胀压力。在此背景下，货币政策委员会强调了保持稳定的货币政策立场以确保全面解除通胀冲击的重要性。

Nigeria's central bank kept its key interest rate unchanged at 27.5% on July 22, 2025, holding steady for a third consecutive meeting. Nigeria’s annual inflation rate eased to 22.22% in June — the lowest reading since April 2023 and the third consecutive monthly decline. However, core inflation inched higher to 22.76% in June from 22.28% in May, while month-on-month inflation rose slightly to 1.68%. The central bank also highlighted risks stemming from global trade tensions and geopolitical volatility, notably the potential price impacts from US tariffs, which could fuel imported inflationary pressures. Against this backdrop, the MPC underscored the importance of maintaining a steady monetary policy stance to ensure the full unwinding of inflationary shocks.

尼日利亚的年通货膨胀率在2025年6月连续第三个月下降至22.22%，为2023年4月以来的最低水平，这得益于基数效应和相对稳定的汇率。食品通胀是通胀篮子中最大的组成部分，从前一个月的21.14%略微加速至21.97%，这可能反映了萨拉节的影响，该节牲畜和商品价格平均上涨了35%。剔除农产品和能源价格波动的核心通胀率从5月份的22.28%上升到6月份的22.76%。按月计算，6月份消费者价格在上个月上涨1.53%后上涨了1.68%。

Nigeria’s annual inflation rate fell for the third month to 22.22% in June 2025, the softest since April 2023, driven by base effects and a relatively stable exchange rate. Food inflation, the largest component of the inflation basket, accelerated slightly to 21.97%, from 21.14% the month before, likely reflecting the impact of the Sallah festival, which saw livestock and commodity prices surge by an average of 35%. The core inflation rate, which strips out the volatile prices of agricultural produce and energy, increased to 22.76% in June from 22.28% in May. On a monthly basis, consumer prices rose by 1.68% in June, after a 1.53% increase in the previous month.

尼日利亚10年期政府债券收益率降至16个月低点17.51%。在过去的4周里，尼日利亚10年期债券收益率下降了103.70个基点，在过去的12个月里，它下降了131.00个基点。

Nigeria 10 Year Government Bond Yield decreased to a 16-month low of 17.51%. Over the past 4 weeks, Nigeria 10Y Bond Yield lost 103.70 basis points, and in the last 12 months, it decreased 131.00 basis points.

Stanbic IBTC Bank Nigeria PMI从5月份的52.7降至2025年6月的51.6，标志着商业状况在当前七个月的连续增长中出现了最温和的改善。产出增长放缓至七个月低点，主要原因是制造业产量下降，而在需求疲软的情况下，新业务扩张速度放缓。尽管如此，企业对未来一年的态度明显更加乐观，情绪升至2022年8月以来的最高水平。购买活动有所增加，但速度较慢，而就业总体保持稳定。积压的工作持续了三个月，反映了持续的供应和付款延迟。在价格方面，投入成本通胀降至25个月低点，导致产出价格出现2023年5月以来的最低涨幅。企业指出，资金预期的改善和投资运营扩张的计划是信心上升的关键驱动力。

The Stanbic IBTC Bank Nigeria PMI fell to 51.6 in June 2025 from 52.7 in May, marking the softest improvement in business conditions in the current seven-month growth streak. Output growth slowed to a seven-month low, largely due to a decline in manufacturing production, while new business expanded at a weaker pace amid muted demand. Despite this, firms grew notably more optimistic about the year ahead, with sentiment rising to its highest level since August 2022. Purchasing activity increased, but at a slower rate, while employment remained broadly stable. Backlogs of work continued to build for a third month, reflecting persistent supply and payment delays. On the price front, input cost inflation eased to a 25-month low, leading to the slowest rise in output prices since May 2023. Firms noted improved funding expectations and plans to invest in operational expansion as key drivers of rising confidence.