Global V-shaped recovery unlikely: WTO
- 4 years ago
WTO "내년 세계무역 전망, V자형보다 L자형이 현실적"
The latest World Trade Organization index tracking merchandise slumped to a record low in the second quarter,... signaling a V-shaped recovery is unlikely.
According to the WTO Goods Trade Barometer released on Wednesday,... the figure was 84-point-5,... the lowest on record since 2007.
It's down 15-point-5 points from the index baseline of 100,... suggesting below-trend growth.
The WTO says the economic toll of the COVID-19 pandemic means a V-shaped trade rebound in 2021 may be "overly optimistic".
It says an L-shaped recovery is more likely.
The latest World Trade Organization index tracking merchandise slumped to a record low in the second quarter,... signaling a V-shaped recovery is unlikely.
According to the WTO Goods Trade Barometer released on Wednesday,... the figure was 84-point-5,... the lowest on record since 2007.
It's down 15-point-5 points from the index baseline of 100,... suggesting below-trend growth.
The WTO says the economic toll of the COVID-19 pandemic means a V-shaped trade rebound in 2021 may be "overly optimistic".
It says an L-shaped recovery is more likely.