{"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":"<p>According to the World Trade Organization&#8217;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><!--more--><\/p>\n<p>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<p>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&#8217;s component indices nevertheless suggest that the road to trade recovery may be bumpy.<\/p>\n<p>The full Goods Trade Barometer is available\u00a0<a href=\"https:\/\/www.wto.org\/english\/news_e\/news23_e\/wtoi_31may23_e.pdf\">here<\/a>\u00a0(pdf).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the World Trade Organization&#8217;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"],"_links":{"self":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/7246","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/comments?post=7246"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/7246\/revisions"}],"predecessor-version":[{"id":7247,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/7246\/revisions\/7247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/3370"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=7246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=7246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=7246"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=7246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}