The WTO said that it expects subdued global trade and growth in 2023, even if there is growth. Global trade growth would be weighed down by the Ukraine war, high inflation and individual country sluggish growth.
WTO said that it expects global merchandise trade growth to slow to 1.7% in 2023, which was 2.7% in 2022. In 2022 the WTO had projected growth to be 3.4%.
Leave a Reply