Global trade growth expected to slow down in 1st quarter of 2019: WTO

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Published on 20 Feb 2019, 9:59
WTO "무역성장세 급격히 둔화"…세계전망지수 9년만에 최악

Concerns have been growing over a slowdown in the global economy, and the latest data from the World Trade Organization paint a grim outlook for trade growth in the first quarter of this year.
According to the WTO, the World Trade Outlook Indicator marked 96-point-3 for the Janaury to March period... down 2-point-3 points from the quarter before.
A reading below 100 signals below-trend growth in trade.
The indicator is a composite of seven key indices including merchandise trade volume and export orders.
1st quarter's figure is the lowest since 2010,... and the main reason was the ongoing trade tensions.
The organization added that technical problems with German cars might have led to weak automobile trade overall.

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