World Trade Outlook Indicator

The WTO’s latest World Trade Outlook Indicator (WTOI) suggests that global merchandise trade growth will likely moderate in the fourth quarter of 2017. The reading of 102.2 signals continued trade expansion in volume terms, although the pace of growth should be slower than earlier in the year, when trade recorded strong increases.

The WTOI is designed to provide “real time” information on the trajectory of world trade relative to recent trends. Combining several trade-related indices into a single composite indicator, the WTOI measures short-run performance against medium-term trends.  

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