FXstreet.com (Barcelona) - Disappointing trade figures have prompted Capital Economics to cut their forecast for the growth of world trade volumes to just 2% this year.
They note, “This is much lower than last year’s growth, and is slightly lower than our forecast for world GDP growth. What’s more, prospects for 2013 look little better.”
They note, “This is much lower than last year’s growth, and is slightly lower than our forecast for world GDP growth. What’s more, prospects for 2013 look little better.”
