CPB World Trade Monitor December 2019
Developments in global international trade and industrial production December 2019:
- World trade volume increased 0.3% month-on-month (growth was -0.7% in November, initial estimate -0.6%) and growth was -0.4% in 2019Q4 (0.7% in 2019Q3).
- World trade momentum was -0.4% (non-annualised; 0.0% in November, initial estimate -0.2%).
- World industrial production increased 0.0% month-on-month (having increased 0.6% in November, unchanged from initial estimate) and growth was 0.3% in 2019Q4 (-0.1% in 2019Q3).
- World industrial production momentum was 0.3% (non-annualised; 0.2% in November, initial estimate 0.1%).
The next release of the CPB World Trade Monitor is scheduled for 25 March 2020, 15:00 hours.
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Read also the CPB Background Document 'The CPB World Trade Monitor: technical description'.
In September 2016 (starting with the July 2016 monitor) the WTM base year has been moved from 2005 to 2010. Clarification of the procedure and its outcomes is given in the downloadable appendix (CPB Memo 'Change of base year WTM').
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The World Trade Monitor is partially financed by DG ECFIN (Directorate General of Economic and Monetary Affairs of the Economic Commission).