The IfW Institute for Economic Research predicts a decline in world trade turnover

By: Trademagazin editor Date: 2022. 03. 08. 11:10

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A significant decline in world trade is forecast by a trade indicator published on Monday by the IfW Institute for Economic Research in Kiel, based on updated data from a survey conducted in February.

IfW Economic Research Institute in Kiel Expects Significant Decline in World Trade

According to the latest data from the Kiel Institute for Economic Research (Kiel Institut für Weltwirtschaft) in Kiel, world trade turnover fell sharply in February, compared with the previous month, with price and seasonal adjustment, indicating a significant decline in trade for all economies. (MTI)