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00:41 to 11.70 dirhams before a 27 cent increase on 1 August and a 23 cent increase on 8 August.
00:50 As for the price of petrol, it was increased once at the beginning of the month by 49 cents.
00:57 In the international news, and in Italy, the increase in consumption prices had a sharp slowdown in July.
01:05 It dropped to 5.9% in one year, down 6.4% in June, according to official statistics.
01:13 Inflation slowed down thanks to the calm in the energy prices,
01:19 as well as the slowdown in the prices of transformed food products.
01:23 Inflation in Italy remains higher than in the euro zone, which fell to 5.3% in July,
01:31 and is well above the 2% target pursued by the ECB.
01:37 Still in Europe, this time in Switzerland, the unemployment rate remained at 1.9% in July.
01:44 It remains at one of the lowest levels since 2001, according to the Italian Ministry of Economy.
01:50 The total number of job seekers is more than 150,000 people,
01:56 7.7% less than in July 2022.
02:00 In May 2023, the job-seeking rate fell to 1,272 people,
02:07 down 15.1% from the previous month.
02:11 The number of companies seeking part-time employment decreased by 5.4%.
02:18 In May 2022, part-time employment was at 960 companies,
02:24 down 5,552 people.
02:28 The central bank is now planning to suspend foreign exchange rates on the national exchange market.
02:37 This decision was made to limit the weakening of the ruble,
02:42 which is at its lowest level compared to the euro and dollar since March 2022.
02:47 The Russian central bank had however resumed its foreign exchange rates
02:53 after nearly 10 months of suspension, marked by a rain of Western sanctions.
03:01 Until February 2022, Russia used mainly dollars and euros to balance its budget.
03:08 Moscow is now engaged in a race to "de-dollarize" its economy
03:15 so that it is less dependent on Washington, its diplomatic rival.
03:20 In the United States, inflation has again accelerated in July for the first time since June 2022,
03:27 according to the US Department of Labor.
03:30 Inflation was 3.2% in July over a year, down 3% in May.
03:37 Analysts predicted a slightly stronger rebound at 3.3%.
03:42 The housing index was by far the main contributor,
03:47 with an increase of more than 90% over a month.
03:52 Over a month, inflation remained stable at 0.2%, as expected.
03:58 And finally, let's focus on e-commerce.
04:01 The Chinese giant Alibaba has just announced a much larger increase
04:05 than expected in its quarterly turnover,
04:08 despite the economic slowdown in China that is weighing on consumption.
04:12 As a reminder, Alibaba is an essential player in the digital economy in China
04:17 and a precursor to the generalization of purchases on the Internet.
04:21 China entered this Wednesday in a deflation for the first time since 2021,
04:27 the last sign of a long series of indicators to translate a slowdown in the second world economy.
04:34 Despite the current situation, the group made 26.4 billion euros in sales
04:40 in the first quarter, a 14% increase over a year
04:45 and a higher level than analysts predicted.
04:49 This is the end of this edition.
04:51 Thank you for watching.
04:52 Have a good rest of the program on Mediain TV.
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