{"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’s Goods barometer remains flat"},"content":{"rendered":"

According to the latest World Trade Organization’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

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

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

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

China’s imposition of major lockdowns to combat a new outbreak of COVID-19 has further disrupted trade and production.<\/p>\n

The full Goods Trade Barometer is available\u00a0here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

According to the latest World Trade Organization’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"],"yoast_head":"\nAs Ukraine conflict and COVID-19 weigh on trade the WTO's Goods barometer remains flat - Axxess International<\/title>\n<meta name=\"description\" content=\"According to the latest World Trade Organization's (WTO) Goods Trade Barometer the conflict in Ukraine and recent pandemic-related lockdowns in China\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/axxessintl.com\/en\/as-ukraine-conflict-and-covid-19-weigh-on-trade-the-wtos-goods-barometer-remains-flat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"As Ukraine conflict and COVID-19 weigh on trade the WTO's Goods barometer remains flat - 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