The CPB World Trade Monitor shows that the volume of world trade decreased 1.7% in December, having decreased 1,8% in November (initial estimate -1.6%), and growth in 2018Q4 was -0.9% (1.3% in 2018Q3). Due to the US shutdown, no data on US import/export values in December are available. The 0.0% import/export volume growth for the US is a technical assumption. |