{"id":32448,"date":"2022-02-22T16:23:37","date_gmt":"2022-02-22T13:23:37","guid":{"rendered":"https:\/\/bazaartimes.com\/?p=32448"},"modified":"2022-02-22T16:24:20","modified_gmt":"2022-02-22T13:24:20","slug":"wto-says-trade-may-turn-up-soon-as-supply-pressures-ease","status":"publish","type":"post","link":"https:\/\/bazaartimes.com\/wto-says-trade-may-turn-up-soon-as-supply-pressures-ease\/","title":{"rendered":"WTO says trade may turn up soon as supply pressures ease"},"content":{"rendered":"\n<p><strong><em>Despite remaining below baseline value of 100 in December 2021, WTO Goods Trade Barometer shows signs of bottoming out<\/em><\/strong><\/p>\n\n\n\n<p>The volume of global merchandise trade may turn up soon as supply chain pressures have partially eased, according to data released Monday by the World Trade Organization (WTO).<\/p>\n\n\n\n<p>The WTO\u2019s Goods Trade Barometer, a real-time trend gauge for trade, decreased slightly to 98.7 in December 2021 compared to 99.5 last November.<\/p>\n\n\n\n<p>The figure below the baseline value of 100 signaled a loss of momentum in trade at the start of 2022 but shows signs of bottoming out as supply pressures eased, the WTO said.<\/p>\n\n\n\n<p>Relaxing omicron coronavirus variant related restrictions is expected to boost trade in the coming months, though future variants are still risks to economic activity and trade.<\/p>\n\n\n\n<p>It stressed that most sub-indices of the barometer were close to the value of 100, suggesting a growth trend in export orders (99.9), air freight (101.7), electronic components (98.6) and raw materials (101.6).<\/p>\n\n\n\n<p>&#8220;While automotive products (92.0) remained below trend, its latest index value marks a turnaround compared to recent months, which may have been helped by the return to the trend of shipments of electronic components, which include semiconductors that have been in short supply,&#8221; it noted.<\/p>\n\n\n\n<p>As the problem of port congestion has not been solved yet, the sub-index for container shipping of 97.2 dipped further below trend.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite remaining below baseline value of 100 in December 2021, WTO Goods Trade Barometer shows signs of bottoming out The volume of global merchandise trade may turn up soon as &hellip;<\/p>\n","protected":false},"author":2,"featured_media":32449,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false},"categories":[1],"tags":[19,729,47,1627,354,44,12,2237],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/bazaartimes.com\/wp-content\/uploads\/2022\/02\/port-1.jpg?fit=710%2C394&ssl=1","_links":{"self":[{"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/posts\/32448"}],"collection":[{"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/comments?post=32448"}],"version-history":[{"count":2,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/posts\/32448\/revisions"}],"predecessor-version":[{"id":32451,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/posts\/32448\/revisions\/32451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/media\/32449"}],"wp:attachment":[{"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/media?parent=32448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/categories?post=32448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bazaartimes.com\/wp-json\/wp\/v2\/tags?post=32448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}