World trade turnover declined in July

According to the datas of CPB; World trade turnover decreased by 0.8 percent in July, which suggests that the economic recovery has lost momentum.

World trade declined in July, the first time since April, suggesting that the economic recovery has lost momentum.
The datas of the Dutch CPB analyst institution are usually monitored by politicians, the participants of the business life, because CPB used to publish data on the evolution of global trade, the earliest. During the entire last year World trade turnover shrank by 13.2 percent – reports MTI.