The Global Economic Governance (GEG) Africa programme is a policy research and stakeholder engagement programme to strengthen the influence of pro-poor African coalitions at global economic governance fora.
Friday, 10 August 2018 15:51

WTOI suggests trade momentum softening further in Q3 2018

Trade expansion will likely slow further in the third quarter of 2018 according to the WTO’s latest World Trade Outlook Indicator (WTOI) released on 9 August.

The most recent WTOI reading of 100.3 is below the previous value of 101.8. This loss of momentum reflects weakness in component indices including export orders and automobile production and sales, which may be responding to the ratcheting up of trade tensions.

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