Trade weakness continues into second quarter, WTO reports

World trade growth is possible to remain weak into the second quarter of 2019, according to the WTO’s latest World Trade Outlook Indicator (WTOI), released on 20 May. The new WTOI reading is 96.3, exactly as it was in the previous release in February 2019, maintaining the weakest level since 2010.

The latest WTOI is still well below the baseline value of 100 for the index, indicating continued falling trade growth in the first half of 2019. It should be noted that the WTOI does not reflect some...

https://safety4sea.com/trade-weakness-continues-into-second-quarter-wto-reports/

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