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According to data released by the World Trade Organization on the 19th , global trade in goods continued to decline sharply in the third quarter, but global trade showed signs of recovery, and the strength of the recovery is highly uncerta.
According to data released by the World Trade Organization on the 19th , global trade in goods continued to decline sharply in the third quarter, but global trade showed signs of recovery, and the strength of the recovery is highly uncerta.
The latest issue of the "Barometer of Trade in Goods" report released by the WTO on the same day showed that the current value of the global trade in goods prosperity index reflecting the market situation in the third quarter is 85 , which is lower than the 86 released in the previous quarter and is the lowest value of the index since its laun.
However, despite the fact that most of the constituent indexes in the global trade in goods prosperity index are at historical lows, some constituent indexes have shown signs of stabilizati.
In April , the WTO predicted that global trade may shrink by 13% to 32% this year , and its final performance will depend on the duration of the epidemic and the effectiveness of anti-epidemic measur.
The WTO also warned that the previous forecast that global trade is expected to achieve a V -shaped rebound may be too optimist.
According to the compilation rules of the Global Goods Trade Prosperity Index, the value 100 is the base poi.
The World Trade Organization released the Global Trade Prosperity Index for the first time in July 201 By collecting trade statistics from major economies, it provides early signals on the current short-term development of world trade and provides more timely international trade for trade policy makers and the business communi.
Since 2019 Nian 9 months, respectively, the WTO began publishing "trade in goods barometer" report and the "service business barometer" reports, replace the previous global business climate index repo.
