Economic Buzz: World Services Trade Tanks 4.3% In Q1 2020

Economic Buzz: World Services Trade Tanks 4.3% In Q1 2020

Sep 18, 2020 01:09 IST capital market

The world services trade activity index of the World Trade Organization (WTO), which provides an approximate measure of the volume of world services trade, declined 4.3% on year-on-year basis in the first quarter of 2020 with passenger air transport witnessing the hardest hit due to the Covid-19 pandemic, according to the latest update from the WTO Services Trade Barometer.

Powered by Commodity Insights

Related Story