Global trade accentuated its decline

The volume of global trade registered an annual decrease of 2.5% in June 2023, after a decline of 2.1% in the previous month and 0.8% in April 2023, according to the latest World Trade Monitor report from the Dutch institute CPB ( www.cpb.nl). The monthly decline in June 2023 was 0.7%, after a 0.5% increase in the previous month (see chart).

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