Wednesday, November 12, 2008

World trade Slipped to 6 % growth in 2007

5 November 2008
INTERNATIONAL TRADE STATISTICS
World trade slipped to 6 per cent growth in 2007, WTO report confirms

http://www.wto.org/english/news_e/news08_e/its_oct08_e.htm

Weakening demand in developed countries, realignments in exchange rates and fluctuations in the prices for commodities, such as oil and gas, introduced uncertainties into the global markets in 2007. As a result, growth in world merchandise trade slipped to 6 per cent in real terms, down from 8.5 per cent in 2006, according to statistics published by the WTO on 5 November

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