埃及EGX30指数 (EgyptEGX30) 加自选

2025年7月，埃及的年度城市通货膨胀率连续第二个月放缓至13.9%，低于6月的14.9%，此前由于燃料价格上涨，5月达到四个月来的最高点。这标志着自4月以来的最低通胀率，主要是由于食品价格急剧放缓，这是自2021年6月以来的最低点（3.4%对6月的6.9%）。多个类别的价格涨幅也有所放缓，包括交通（41.5%对42.2%）、餐馆和酒店（15.2%对17.3%）、服装（14.9%对16.0%）、家具（12.9%对13.8%）、通信（12.1%对12.2%）以及杂项商品和服务（13.6%对13.7%）。按月计算，消费者价格指数（CPI）在6月份下降0.1%后，7月份下降了0.5%。这标志着连续第二个月出现通货紧缩，也是自2024年5月以来的最大跌幅。

The annual urban inflation rate in Egypt slowed for the second consecutive month to 13.9% in July 2025, down from 14.9% in June, after reaching a four-month high in May due to increases in fuel prices. This marked the lowest inflation rate since April, mainly driven by a sharp slowdown in food prices — the lowest since June 2021 (3.4% vs. 6.9% in June). Price increases also moderated across several categories, including transport (41.5% vs. 42.2%), restaurants and hotels (15.2% vs. 17.3%), clothing (14.9% vs. 16.0%), furnishings (12.9% vs. 13.8%), communications (12.1% vs. 12.2%), and miscellaneous goods and services (13.6% vs. 13.7%). On a monthly basis, the Consumer Price Index (CPI) fell by 0.5% in July, following a 0.1% decline in June. This marked the second consecutive month of deflation and the steepest drop since May 2024.

标准普尔全球埃及采购经理人指数从6月份的48.8上升至2025年7月的49.5，表明非石油私营部门的收缩放缓，创下五个月来的最高读数。尽管产出和新订单继续下降，但收缩率有所缓解，一些公司注意到需求有所改善，特别是在服务业。作为回应，在未完成工作增加的支持下，就业人数自10月以来首次增加。与此同时，采购活动再次下降，尽管减少速度放缓，而在稳定的供应链条件下，库存水平基本保持稳定。与此同时，在燃料、水泥、包装和工资成本上涨的推动下，投入价格上涨速度略快，尽管通货膨胀率仍低于长期平均水平。销售价格连续第三个月上涨，但涨幅不大。展望未来，在持续的经济不确定性中，市场情绪仍然疲软，尽管乐观情绪从6月份的历史低点略有上升。

The S&P Global Egypt PMI rose to 49.5 in July 2025 from 48.8 in June, indicating a softer contraction in the non-oil private sector and marking the joint-highest reading in five months. Although output and new orders continued to decline, the rates of contraction eased, with some firms noting improved demand, particularly in the services sector. In response, employment increased for the first time since October, supported by a rise in outstanding work. At the same time, purchasing activity declined again, though the pace of reduction slowed, while stock levels remained broadly stable amid steady supply chain conditions. Meanwhile, input prices rose at a slightly quicker pace, driven by higher costs for fuel, cement, packaging, and wages, though inflation stayed below the long-run average. Selling prices rose for the third straight month but only modestly. Looking ahead, sentiment remained weak amid ongoing economic uncertainty, though optimism ticked up slightly from June’s record low.

EGX 30指数上涨至34342.00点，为2024年3月以来的最高点。在过去的4周里，埃及交易所指数上涨了3.26%，在过去的12个月里，它上涨了18.09%。

EGX 30 increased to 34342.00 Index Points, the highest since March 2024. Over the past 4 weeks, Egyptian Exchange Index gained 3.26%, and in the last 12 months, it increased 18.09%.

2025年7月，埃及央行将其关键隔夜存款利率保持在24%，突显出在贸易政策不确定性和地缘政治紧张局势加剧以及石油和农产品价格持续波动导致全球增长预测疲软的情况下，埃及央行持谨慎立场。在国内，CBE的第二季度预测显示经济将持续复苏，年GDP增长率接近4.8%，产出差距逐渐缩小。与此同时，第二季度的年度整体通胀率从第一季度的16.5%降至15.3%，6月份的核心通胀率降至11.4%；受食品价格下跌和非食品通胀稳定的推动，这两项指标的月度跌幅分别为0.1%和0.2%。在通胀预期改善和财政整顿持续进行的背景下，货币政策委员会认为，维持政策利率是保持通货紧缩轨迹的适当方式，并将在考虑进一步调整之前继续密切监测收到的数据。

The Central Bank of Egypt kept its key overnight deposit rate at 24% in July 2025, underscoring a cautious stance amid softer global growth forecasts—driven by trade policy uncertainty and renewed geopolitical tensions—and persistent volatility in oil and agricultural commodity prices. Domestically, the CBE’s Q2 nowcast points to a sustained recovery, with annual GDP growth near 4.8% and the output gap narrowing gradually. Meanwhile, annual headline inflation eased to 15.3% in Q2 from 16.5% in Q1, and core inflation moderated to 11.4% in June; both measures recorded modest monthly declines of 0.1% and 0.2%, respectively, driven by lower food prices and stable non-food inflation. Against this backdrop of improving inflation expectations and ongoing fiscal consolidation, the MPC judged that maintaining policy rates is appropriate to preserve the disinflation trajectory and will continue to monitor incoming data closely before considering further adjustments.