Global Trade of Goods Expected to Grow by 2.6% in 2024: WTO
The World Trade Organization (WTO) forecasts a 2.6% growth in the volume of global trade in products for the year 2024, followed by an increase of 3.3% in 2025. Despite a 1.2% decline in trade last year, the WTO anticipates a gradual recovery driven by decreasing inflationary pressures and improving real household incomes. The decline […]