Tuesday, May 24, 2022

Trade sets a record


International trade set a record in the fourth quarter of last year, helped by inflation. 

 

Exports increased by 3.6 per cent among G-20 nations and imports increased by 5.8 per cent.

 

The statistics for trade in services was not so rosy with exports up by about two per cent and imports by one per cent, far below year-earlier increases of 6.2 and 3.1 per cent.