According to the United Kingdom in the Financial Times reported that the Netherlands Economic Policy Research Council (BureauforEconomicPolicyAnalysis) preparation of an index shows that global trade July 5 years the most rapid growth, seemed to indicate that the economic recovery was spreading to commercial areas.
Index shows that the world trade volume in July rose 3.5%, while the revised June data to increase 1.6%. 7 month of increases in the volume of trade has reached since December 2003, the highest level.
These numbers seem to indicate that, over the past year the decline in trade volumes (its drop than 20th century but also large) is mainly caused by the lack of demand, and not be attributed to the trading system malfunction.
Monthly data volatility is considerable, but the three-month average data also show that bounced, trade volume since as of May 2008 in the three-month period increased for the first time since.
Earlier this year, three-month average trade volumes dropped by more than 12%. "Global supply chains are back to normal this fact, Japan and Germany, and other export-dependent countries are good news," London capital economy (CapitalEconomics) Chief international economist Julian · Jessup (JulianJessop). "It shows, trade decline is primarily a demand effects. ”
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