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Global trade will grow says WTO though not as much as expected


economy

Global trade will grow says WTO though not as much as expected

Global goods trade will grow over the next two years, but not as much as previously expected, according to the WTO.

The World Trade Organisation predicts a 3.3 percent rise this year followed by 4.0 percent in 2016.

The body believes trade will continue to grow, but in the shadow of a fragile economy and geopolitical tensions, which could undermine the upward trend.

The WTO bases its report on data from a number of organisations including the International Monetary Fund.

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