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January 10, 2023 Today’s Economic and Trade Consulting

2023-01-10


1.The inflation rate in the euro area was 9.2% in December, which has slowed down

A few days ago, the preliminary statistics released by Eurostat showed that the inflation rate in the euro area was 9.2% on an annual basis in December last year, which was lower than the 10.1% inflation rate in November last year. The data showed that energy prices in the euro zone rose by 25.7% year-on-year in December, down from 34.9% in November, which was the main reason for the increase in inflation that month.


2.IMF: One-third of the world's economies will be in recession

A few days ago, Georgieva, managing director of the International Monetary Fund (IMF), warned that the global economy will face a "difficult year", even more difficult than the one just passed. "We expect a third of the world's economies to be in recession."


3.Household electric kettle: Argentina made the final anti-dumping ruling

On January 5, the Argentine Ministry of Economy issued Announcement No. 4 of 2023, making the final anti-dumping ruling on household electric kettles originating in China, and decided to set a minimum export FOB limit (FOB) of US$12.46 per piece for the products involved. The difference between the products involved in the case whose declared price is lower than the minimum export FOB limit price is levied as anti-dumping tax, and the validity period is 5 years. The HS code of the products involved in the case is 8516.79.90.


4.Consolidation company CMA CGM invests in space exploration

A French ship, jointly sponsored the first test launch of the French solar sail-powered spacecraft Gama Alpha, which successfully entered orbit on the morning of January 3 on a SpaceX Falcon 9 rocket.
 

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