Latest global trade barometer readings are ‘sobering’ and ‘gloomy’

World trade is expected to contract again over the next three months, according to DHL’s Global Trade Barometer (GTB).  
It suggests that the overall trade outlook will reduce by two points, to an index value of 45, in a new low not seen since December 2015.
And it also shows a steady contraction, with no acceleration – but DHL has opted for an optimistic narrative. 
“According to the DHL Global Trade Barometer …

The post Latest global trade barometer readings are ‘sobering’ and ‘gloomy’ appeared first on The Loadstar.

Source: The Loadstar

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