WTO cuts global trade growth forecast

Category : Business and economics Published on: April 16 2022

Share on facebook

The World Trade Organisation (WTO) has revised down its projection for global trade growth (in volume) for 2022 to 3 percent. Earlier in October 2021, this was estimated at 4.7 percent.
The downward revision follows the Russia-Ukraine conflict that has impacted commodity prices, disrupted supplies and intensified geopolitical and economic uncertainty.
For 2023, this merchandise trade volume growth is projected at 3.4%.

Weekly Current Affairs (25th January to 31st January 2026)
Read More....
Weekly Current Affairs (25th January to 31st January 2026)
Read More....
Weekly Current Affairs (25th January to 31st January 2026)
Read More....
Weekly Current Affairs (25th January to 31st January 2026)
Read More....
Weekly Current Affairs (25th January to 31st January 2026)
Read More....
Weekly Current Affairs (25th January to 31st January 2026)
Read More....
Weekly Current Affairs (25th January to 31st January 2026)
Read More....
Weekly Current Affairs (25th January to 31st January 2026)
Read More....
Weekly Current Affairs (25th January to 31st January 2026)
Read More....
Weekly Current Affairs (25th January to 31st January 2026)
Read More....