World
2022.11.28 21:38 GMT+8

WTO says trade growth likely to slow as demand weakens

Updated 2022.11.28 21:38 GMT+8
CGTN

The World Trade Organization (WTO) 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 WTO said its barometer fell to 96.2 from its previous reading of 100, reflecting "cooling demand for traded goods."

Source(s): Reuters
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