So says the latest OECD report now published 29 Aug
- exports vs 3.4% in Q1 and imports vs 4.2% in Q1
- G20 merchandise trade remains around 10% lower than recent highs in 2014.
Say the OECD:
Within the euro area, export and import growth picked up to 6.8% and 2.9% respectively in France, to 5.1% and 4.8% in Germany and to 5.3% and 4.5% in Italy. Exports also grew by 3.4% in the United Kingdom (slightly down on the previous quarter's 3.6%)
In North America, merchandise trade growth was negligible in the United States and slowed in Mexico and Canada. Export growth slowed in China, Japan
More from the OECD here
