WTO suggests further weakening of goods trade (NNF 2019/204)

The following news was received from the World Trade Organisation (WTO), and is forwarded for your information.

The growth of world merchandise trade volumes is likely to remain weak in the third quarter of 2019 according to the WTO’s Goods Trade Barometer, released on 15 August.

The latest reading of 95.7 from the barometer, formerly the World Trade Outlook Indicator (WTOI), is lower than the previous release and signals that stronger trade growth is not yet in sight.

The full Goods Trade Barometer is available HERE.


 

Paul Damkjaer
Chief Executive Officer, CBFCA