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WTO cuts 2025 world merchandise trade growth forecast to 3% from 3.3%

Business Standard LogoBusiness Standard8h ago

WTO cuts 2025 world merchandise trade growth forecast to 3% from 3.3% - Business Standard

Quick Summary:

The first half of 2024 saw 2.3 per cent year-on-year increase.

The rebound came against the backdrop of a slump in 2023 - of 1.

The main sectors driving European negative export performance include chemicals due to change in the trend after a surge in demand during the pandemic.“The contraction in the automotive sector raises more concerns due to potential ripple effects across value chains.


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WTO cuts 2025 world merchandise trade growth forecast to 3% from 3.3% - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 21:31:05 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 496 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22981697

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 339 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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