International trade growth grinding to a halt

Merchandise trade growth slowed strongly in most major economies in the third quarter of 2011, according to figures just published by the OECD. Total imports of G7 and BRICS countries contracted by 1% in the third quarter, compared to 4.2% growth in the previous quarter. Total export growth slowed to 1%, compared to 4.6% in the previous quarter. Merchandise trade … Continue reading

Posted by Nigel Tree | Comments Off on International trade growth grinding to a halt