World trade monitor
The CPB World Trade Monitor shows that the volume of world trade decreased 1.1% in September, having increased 0.2% in August (unchanged from initial estimate), and growth in 2018Q3 was 1.4% (0.0% in 2018Q2).
Developments in global international trade and industrial production September 2018:
- World trade volume decreased 1.1% month-on-month (+0.2% in August, unchanged from initial estimate) and growth was 1.4% in 2018Q3 (0.0% in 2018Q2).
- World trade momentum was 1.4% (non-annualised; 1.5% in August, unchanged from initial estimate).
- World industrial production decreased 0.2% month-on-month (+0.5% in August, initial estimate 0.4%) and increased 0.4% in 2018Q3 (0.5% in 2018Q2).
- World industrial production momentum was 0.4% (non-annualised; 0.3% in August, unchanged from initial estimate).
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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').
The release of the next monthly CPB World Trade Monitor is scheduled tentatively for 24 December 2018, 15:00 hours.
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