Surprise! China's exports plunge; French inflation slows; "Luna -25" probe is coming
Aug 10,2023
Customs statistics: July exports down 13.6 percent in dollar terms

The General Administration of Customs announced that according to customs statistics, in July this year, my country's imports and exports were 3.46 trillion yuan, down 8.3 percent. Among them, exports of 2.02 trillion yuan, down 9.2; imports of 1.44 trillion yuan, down 6.9; trade surplus of 575.7 billion yuan, narrowed 14.6. In dollar terms, China's imports and exports in July this year 482.92 billion US dollars, down 13.6 per cent. Of this total, exports were $281.76 billion, down 14.5 per cent; imports were $201.16 billion, down 12.4 per cent; and the trade surplus was $80.6 billion, down 19.4 per cent.
According to customs statistics, in the first seven months of this year, China's total import and export value was 23.55 trillion billion yuan, an increase of 0.4 percent over the same period last year (the same below). Among them, exports were 13.47 trillion yuan, up 1.5 percent; imports were 10.08 trillion yuan, down 1.1 percent; and the trade surplus was 3.39 trillion yuan, up 10.3 percent. In dollar terms, the total value of China's imports and exports in the first seven months of this year was 3.4 trillion billion US dollars, down 6.1 per cent. Of this total, exports were $1.94 trillion, down 5 per cent; imports were $1.46 trillion, down 7.6 per cent; and the trade surplus was $489.57 billion, an increase of 3.5 per cent.
French July inflation slows more than expected

According to data released by the French National Institute of Statistics and Economics, in July, the French CPI was 4.3 percent year-on-year, in line with economists' consensus expectations, slightly slower than the previous value of 4.5 percent; the reconciled CPI was 5 percent year-on-year, slightly lower than the expected value of 5.1 percent and the previous value of 5.3 percent.
Mexican peso rises in July, consumer confidence highest
Recently, the Mexican peso has risen for seven consecutive months and is up more than 16% this year. Mexican consumers are more optimistic about the future. Among surveyed households, members' expectations of economic conditions in 12 months rose 1.6 percentage points from the current level to 57.9 units, the highest level since July 2021.
Indonesia's second-quarter GDP up 5.17 percent year-on-year
On the 7th, according to news from the Indonesian National Bureau of Statistics, in the second quarter of 2023, after deducting price factors, Indonesia's real GDP increased by 5.17 year-on-year, and the growth rate rebounded by 0.13 percentage points from the previous quarter and slowed by 0.29 percentage points from the same period last year. In the first half of 2023, Indonesia's real GDP grew by 5.11 year-on-year, 0.14 percentage points slower than the same period last year.
The Moon -25 probe is here.

On the 8th, according to a message released by the Russian National Aerospace Corporation, the "Soyuz -2.1B" carrier rocket carrying the "Lunar -25" unmanned lunar probe has been installed and debugged at the Oriental launch site and is expected to be launched at 02:10:57 Moscow time on August 11.
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