November 26, 2018 / 3:22 PM / 17 days ago

WTO's quarterly indicator suggests trade growth slowing further in Q4

GENEVA, Nov 26 (Reuters) - Global growth in merchandise trade is likely to slow further this quarter, the World Trade Organization said on Monday, as it published a quarterly indicator showing declines in all seven of the drivers of trade that it tracks.

The quarterly trade outlook showed a reading of 98.6, the lowest since October 2016, reflecting a further loss of momentum since August, when the index was at 100.3. A reading below 100 signals below-trend growth in trade. (Reporting by Tom Miles)

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