{"id":132221,"date":"2023-04-08T12:27:51","date_gmt":"2023-04-08T06:57:51","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=132221"},"modified":"2023-04-08T12:27:52","modified_gmt":"2023-04-08T06:57:52","slug":"wto-global-trade-expected-to-grow-1-7-in-2023","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/wto-global-trade-expected-to-grow-1-7-in-2023\/","title":{"rendered":"WTO: Global trade expected to grow 1.7% in 2023"},"content":{"rendered":"\n<p><strong>WTO: Global trade expected to grow 1.7% in 2023:<\/strong> According to the\u00a0Global Trade Outlook and Statistics report, released by the World Trade Organisation (WTO),\u00a0the\u00a0global merchandise trade volume\u00a0is expected to\u00a0grow by 1.7% in 2023\u00a0as compared to an earlier estimate of 1% in October 2022.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.gkseries.com\/blog\/category\/daily-quiz\/daily-quiz-april-2023\/\" target=\"_blank\" rel=\"noreferrer noopener\">April 2023 Current Affairs Quiz<\/a><\/strong><\/p>\n\n\n\n<p>The global trade body cautioned that the expected to be \u2018subpar\u2019, due to multiple factors, including the ongoing Russia-Ukraine conflict, stubbornly high inflation, tighter monetary policy and financial uncertainty. With this, the trade growth is below the 12-year average of 2.6 per cent since the trade collapse that followed the global financial crisis in 2008.&nbsp;<br><br>It would be&nbsp;lower than 2.7% growth in 2022. The&nbsp;expectation would be \u2018subpar\u2019&nbsp;due to multiple factors, including Russia-Ukraine conflict, high inflation, tighter monetary policy, and financial uncertainty.<br><br>WTO DG: Ngozi Okonjo-Iweala&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WTO: Global trade expected to grow 1.7% in 2023: According to the\u00a0Global Trade Outlook and Statistics report, released by the World Trade Organisation (WTO),\u00a0the\u00a0global merchandise trade volume\u00a0is expected to\u00a0grow by 1.7% in 2023\u00a0as compared to an earlier estimate of 1% in October 2022. April 2023 Current Affairs Quiz The global trade body cautioned that the [&hellip;]<\/p>\n","protected":false},"author":894,"featured_media":132222,"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":[5010],"tags":[58],"class_list":["post-132221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-april-2023","tag-international-current-affairs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/132221","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=132221"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/132221\/revisions"}],"predecessor-version":[{"id":132223,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/132221\/revisions\/132223"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/132222"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=132221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=132221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=132221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}