Strong headwinds to slow global trade growth in 2023, says WTO
Business Standard|November 30, 2022
Cites Ukraine conflict, high energy prices, inflation, and monetary tightening as reasons
SHREYA NANDI
Strong headwinds to slow global trade growth in 2023, says WTO

Global trade growth is likely to slow down in the closing months of 2022 and into 2023, according to the World Trade Organisation WTO) Goods Trade Barometer. The reasons would be shocks related to the Russia-Ukraine conflict, high energy prices, inflation, and monetary tightening in major economies.

The Goods Trade Barometer provides real-time information on the trajectory of world trade relative to recent trends. Its latest estimates showed a reading of 96.2, below both the baseline value for the index and the previous reading of 100, reflecting a cooling of demand for traded goods.

この記事は Business Standard の November 30, 2022 版に掲載されています。

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この記事は Business Standard の November 30, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

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