{"id":122418,"date":"2022-10-07T11:33:48","date_gmt":"2022-10-07T06:03:48","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=122418"},"modified":"2022-10-07T11:33:49","modified_gmt":"2022-10-07T06:03:49","slug":"world-trade-organization-forecasts-slowdown-in-global-trade-growth","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/world-trade-organization-forecasts-slowdown-in-global-trade-growth\/","title":{"rendered":"World Trade Organization forecasts slowdown in global trade growth"},"content":{"rendered":"\n

World Trade Organization forecasts slowdown in global trade growth: <\/strong>WTO\u00a0has forecasted a\u00a0slowdown of global trade growth\u00a0for 2023.<\/p>\n\n\n\n

Reason: Sharply higher energy and food prices and rising interest rates curb import demand.<\/p>\n\n\n\n

October 2022 Current Affairs Quiz<\/a><\/p>\n\n\n\n

As per the report, the merchandise trade would increase by 3.5% in 2022-23, up from its April estimate of 3%. However, for 2023, it sees trade growth of just 1%, compared with a previous forecast of 3.5%. The WTO has provided a band of trade growth expansion of 2% to 4.9% for 2022-23 and of -2.8% to 4.6% for 2023.<\/p>\n","protected":false},"excerpt":{"rendered":"

World Trade Organization forecasts slowdown in global trade growth: WTO\u00a0has forecasted a\u00a0slowdown of global trade growth\u00a0for 2023. Reason: Sharply higher energy and food prices and rising interest rates curb import demand. October 2022 Current Affairs Quiz As per the report, the merchandise trade would increase by 3.5% in 2022-23, up from its April estimate of 3%. However, for 2023, it sees […]<\/p>\n","protected":false},"author":894,"featured_media":122419,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4970],"tags":[74,58],"class_list":["post-122418","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-october-2022","tag-bank-current-affairs","tag-international-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/122418","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/894"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=122418"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/122418\/revisions"}],"predecessor-version":[{"id":122421,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/122418\/revisions\/122421"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/122419"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=122418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=122418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=122418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}