Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
GENEVA, March 19 (Xinhua) — The World Trade Organization (WTO) on Thursday said world trade growth will slow in 2026 after a stronger-than-expected performance in 2025, warning that the ongoing conflict in the Middle East could put further pressure on global trade.
In its latest World Trade Prospects and Statistics report, the WTO forecasts that under a baseline growth scenario, which excludes sharp hikes in energy prices, world merchandise trade growth will slow to 1.9 percent in 2026 from 4.6 percent in 2025, but recover to 2.6 percent in 2027.
The report estimates that growth in commercial services trade will slow to 4.8 percent in 2026 before accelerating again to 5.1 percent in 2027. Combined growth in trade in goods and services will be 2.7 percent in 2026, down from 4.7 percent in 2025.
The report forecasts that global GDP growth will slow slightly from 2.9 percent in 2025 to 2.8 percent in both 2026 and 2027. –0–
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