Global Trade In Biggest Drop Since May 2009

The three-month global trade momentum shows a downward trend of -1.8%, indicating economic growth across the world continues to slide into 2Q. Bloomberg said, “that’s the biggest drop since May 2009.” On a y/y basis, global trade posted its first decline in nearly nine years in the three months.

 

 

 

 

 

 

https://www.zerohedge.com/news/2019-03-31/global-trade-takes-sharp-turn-biggest-drop-2009