Trade weakness to extend into Q2, says WTO indicator
World trade growth is likely to remain weak into the second quarter of 2019 according to the WTO’s latest World Trade Outlook Indicator (WTOI).
‘Trade momentum may soften further in Q3 on rising tensions’
Trade expansion will likely slow further in the third quarter of 2018 according to the WTO’s latest World Trade Outlook Indicator (WTOI), as rising trade tensions continue to pose risks to the trade forecast. The most recent WTOI reading of 100.3 is below the previous value of 101.8 and just above the baseline value of…