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WTO's quarterly indicator suggests trade growth slowing further in Q4
[GENEVA] Global growth in merchandise trade is likely to slow further this quarter, the World Trade Organization said on Monday, as it published a quarterly indicator showing declines in all seven of the drivers of trade that it tracks.
The quarterly trade outlook showed a reading of 98.6, the lowest since October 2016, reflecting a further loss of momentum since August, when the index was at 100.3. A reading below 100 signals below-trend growth in trade.