{"id":7246,"date":"2023-06-13T13:44:13","date_gmt":"2023-06-13T13:44:13","guid":{"rendered":"https:\/\/axxessintl.com\/?p=7246"},"modified":"2023-06-13T13:44:13","modified_gmt":"2023-06-13T13:44:13","slug":"wto-goods-barometer-points-to-a-possible-trade-turnaround","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/wto-goods-barometer-points-to-a-possible-trade-turnaround\/","title":{"rendered":"WTO goods barometer points to a possible trade turnaround"},"content":{"rendered":"

According to the World Trade Organization’s (WTO) latest Goods Trade Barometer, global goods trade remained depressed in the first quarter of 2023, but forward-looking indicators point to a possible turnaround in the second quarter.<\/p>\n

<\/p>\n

The Goods Trade Barometer is a composite leading indicator for world trade, providing real-time information on the trajectory of merchandise trade relative to recent trends. Barometer values greater than 100 are associated with above-trend trade volumes while barometer values less than 100 suggest that goods trade has either fallen below trend or will do so in the near future<\/p>\n

The value of the barometer index rose to 95.6 in the latest reading \u0097 up from 92.2 in March \u0097 but remained well below the baseline value of 100, suggesting a below-trend stabilization and the beginnings of an upturn in merchandise trade volumes. Mixed signals in the barometer’s component indices nevertheless suggest that the road to trade recovery may be bumpy.<\/p>\n

The full Goods Trade Barometer is available\u00a0here<\/a>\u00a0(pdf).<\/p>\n","protected":false},"excerpt":{"rendered":"

According to the World Trade Organization’s (WTO) latest Goods Trade Barometer, global goods trade remained depressed in the first quarter of 2023, but forward-looking indicators point to a possible turnaround in the second quarter.<\/p>\n","protected":false},"author":3,"featured_media":3370,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"types-de-nouvelles":[],"class_list":["post-7246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-custom-brokerage"],"yoast_head":"\nWTO goods barometer points to a possible trade turnaround - Axxess International<\/title>\n<meta name=\"description\" content=\"According to the World Trade Organization's (WTO) latest Goods Trade Barometer, global goods trade remained depressed in the first quarter of 2023, but\" \/>\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\/wto-goods-barometer-points-to-a-possible-trade-turnaround\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WTO goods barometer points to a possible trade turnaround - 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