August 25, 2017

CPB World Trade Monitor June 2017

The CPB World trade volume shows that the volume of world trade rose 0.5% month-on-month, having increased 1,9% in May (initial estimate: 2.0%).

Developments in global international trade and industrial production June 2017:
• World trade volume increased 0.5% month-on-month (growth was 1.9% in May, initial estimate 2.0%) and 0.4% in 2017Q2 (1.4% in 2017Q1).
• World trade momentum was 0.4% (non-annualised; 0.7% in May, initial estimate 1.0%).
• World industrial production grew 0.4% month-on-month (0.4% in May, initial estimate 0.1%) and 1.2% in 2017Q2 (0.6% in 2017Q1).
• World industrial production momentum was 1.2% (non-annualised; 1.0% in May, initial estimate 0.7%).

For questions. please contact
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').

The release of the next monthly CPB World Trade Monitor is scheduled tentatively for 25 September 2017.

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Kasper Stuut
Nico van Leeuwen