WTO trade indicator suggests continued weak growth

Weak growth worldwide is likely to continue into the second quarter of 2019 amid global trade tensions, according to new World Trade Organization projections. The new “ World Trade Outlook Indicator ” reading, released on Monday, is “below trend” at 96.3 (100 is the baseline). The indicator reading from the first quarter of 2019 was also 96.3, the lowest reading in nearly a decade. “The latest WTOI remains well below the baseline value of 100 for the index, signaling continued...