Global economy

International trade continued to recover in September

17/11/2020 PNG

International merchandise trade continued to expand in September, although at a slower pace than that recorded in August with levels remaining about 10% below 2019 averages. Services trade also continued to grow in most economies but, with the exception of China and Japan, which saw strong growth in September, it remained subdued. Merchandise trade data for October point to continued fragility in international trade.

See: International Trade Pulse, OECD.