WTO SAY TRADE GROWTH TO REMAIN SUBDUED – 07 APRIL

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WTO SAY TRADE GROWTH TO REMAIN SUBDUED - 07 APRIL
07 Apr 2016

WTO SAY TRADE GROWTH TO REMAIN SUBDUED – 07 APRIL

Brussels Daily

Trade growth to remain subdued in 2016 as uncertainties weigh on global demand

Growth in the volume of world trade is expected to remain sluggish in 2016 at 2.8%, unchanged from the 2.8% increase registered in 2015. Imports of developed countries should moderate this year while demand for imported goods in developing Asian economies should pick up. Global trade growth should rise to 3.6% in 2017, World Trade Organisation economists reported on 7 April.

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