Advertisement
Advertisement

WTO says trade growth likely to slow as demand weakens

By:
Reuters
Published: Nov 28, 2022, 13:21 UTC

GENEVA (Reuters) - The World Trade Organization said on Monday that its goods barometer had fallen below trend, indicating that trade growth was set to slow in the closing months of 2022 and into 2023.

A logo is seen at the WTO in Geneva

GENEVA (Reuters) – The World Trade Organization said on Monday that its goods barometer had fallen below trend, indicating that trade growth was set to slow in the closing months of 2022 and into 2023.

The Geneva-based body said its barometer fell to 96.2 from its previous reading of 100, reflecting “cooling demand for traded goods”.

(Reporting by Emma Farge, Editing by Miranda Murray)

About the Author

Reuterscontributor

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:

Did you find this article useful?

Advertisement