Finweek English Edition - - In Brief -

World trade grew by 4.6% year-on-year in June, record­ing an an­nual av­er­age growth rate of 4.1% in the first six months of 2017, ac­cord­ing to CPB data. This com­pares with av­er­age growth of only 1.4% in 2016, 1.9% in 2015 and 2.7% in 2014, says Stan­lib chief econ­o­mist Kevin Lings. The im­prove­ment in world trade, which has be­come much more ev­i­dent over the past eight months, has been rel­a­tively broad-based with strong ex­port vol­ume growth out of Cen­tral and Eastern Europe (+9.4%), Ja­pan (+6.1%), Emerg­ing Asia (+4.9%) and the US (+4.2%), Lings said in a note.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.