德國7月進口物價指數年率 6.8%，預期6.90%，前值6.10%。

US goods trade deficit widened 17.2% MoM to $118.8 bln in July, the largest since March 2025 and above the median economist forecast of $100.5 bln, Commerce Department data showed. The data are not adjusted for inflation; imports rose 3.7% while goods exports fell 2.9%. The import surge was driven mainly by higher shipments of capital equipment, including continued strong inflows of AI-related gear, as firms stockpiled goods and raw materials and adjusted to shifting tariff rates. Separately, the Iran war has boosted global demand for US petroleum products.

【美國7月商品貿易逆差創2025年3月以來新高】美國7月商品貿易逆差擴大至去年年初以來最高水平，進口激增，主要受資本設備進口運輸量增加推動。美國商務部週四公佈的數據顯示，7月商品貿易逆差較前月擴大17.2%，至1188億美元，爲2025年3月以來最高水平，經濟學家的預期中值爲1005億美元。上述數據未經通脹調整。7月進口增長3.7%，商品出口則下降2.9%。近幾個月，美國貿易逆差持續波動。一方面，伊朗戰爭推動全球對美國石油產品的需求增加；另一方面，美國企業囤積商品和原材料，以降低供應鏈中斷帶來的影響。與此同時，企業正適應不斷變化的關稅稅率，而與人工智能相關的設備進口仍保持強勁。