Global trade has taken a sharp turn down, reinforcing the view that the world economy is in its worst state since since the financial crisis a decade ago.
Figures published Monday show trade fell 1.8 percent in the three months through January compared with bodog sportsbook review the previous period. That’s the biggest drop since May 2009. On a year-on-year basis, trade posted its first decline in nine years in the three-month period.
The January World Trade Monitor by the Dutch statistics office includes an assumption of zero percent import/export volume growth for the bodog poker review bodog online casino U.S. as the shutdown means it doesn’t have data. On a month-on-month basis, global trade volumes were up 2.3 percent, though the figure is erratic and it fell almost 4 percent over November and December.
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