The World Trade Organisation (WTO) has revised its forecast for world merchandise trade growth in 2024 to 2.7% – up slightly from the previous estimate of 2.6% – and to 3.0% in 2025 from 3.3% previously. Demand for traded goods was weaker than expected in Europe but stronger than foreseen in Asia. In a report … Continue reading WTO raises 2024 goods trade forecast; but wary of risks due to geopolitical tensions