Monday, October 7, 2024

WTO foresees moderate trade momentum in first quarter of 2017

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GENEVA — The World Trade Organization’s latest World Trade Outlook Indicator (WTOI) suggests that global trade growth will continue to build moderately in the first quarter of 2017 after having strengthened in the final quarter of last year.

Trade-related indicators including air freight, automobile sales, export orders and container shipping have all registered solid gains in recent months, auguring for faster growth in merchandise trade volumes in the first few months of the year.

The WTOI is a leading indicator of world trade, designed to provide "real time" information on the trajectory of merchandise trade three to four months. . .

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