{"id":4816,"date":"2022-05-31T15:18:52","date_gmt":"2022-05-31T15:18:52","guid":{"rendered":"https:\/\/axxessintl.com\/?p=4816"},"modified":"2022-05-31T15:18:52","modified_gmt":"2022-05-31T15:18:52","slug":"as-ukraine-conflict-and-covid-19-weigh-on-trade-the-wtos-goods-barometer-remains-flat","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/as-ukraine-conflict-and-covid-19-weigh-on-trade-the-wtos-goods-barometer-remains-flat\/","title":{"rendered":"As Ukraine conflict and COVID-19 weigh on trade the WTO&#8217;s Goods barometer remains flat"},"content":{"rendered":"<p>According to the latest World Trade Organization&#8217;s (WTO) Goods Trade Barometer the conflict in Ukraine and recent pandemic-related lockdowns in China appear to be dampening global goods trade in the first half of 2022.<!--more--><\/p>\n<p>The current reading of 99.0 remains slightly below the baseline value of 100 for the index, which is a forward-looking composite of real-time indicators, suggesting continued slow growth in merchandise trade.<\/p>\n<p>The WTO says the latest outlook scales back the earlier optimism in the barometer from February, which suggested that trade might have been approaching a turning point, with stronger growth expected the near future.<\/p>\n<p>The anticipated upturn may have been short-circuited by the conflict in Ukraine, which started in late February and triggered sharp rises in food and energy prices, which tend to reduce real incomes and lower economic growth.<\/p>\n<p>China&#8217;s imposition of major lockdowns to combat a new outbreak of COVID-19 has further disrupted trade and production.<\/p>\n<p>The full Goods Trade Barometer is available\u00a0<a href=\"https:\/\/www.wto.org\/english\/news_e\/news22_e\/wtoi_23may22_e.pdf\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the latest World Trade Organization&#8217;s (WTO) Goods Trade Barometer the conflict in Ukraine and recent pandemic-related lockdowns in China appear to be dampening global goods trade in the first half of 2022.<\/p>\n","protected":false},"author":5,"featured_media":3348,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[106],"types-de-nouvelles":[],"class_list":["post-4816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-custom-brokerage","tag-world-trade-organization"],"_links":{"self":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/4816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/comments?post=4816"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/4816\/revisions"}],"predecessor-version":[{"id":4817,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/4816\/revisions\/4817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/3348"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=4816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=4816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=4816"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=4816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}