Independent journal on economy and transport policy
08:10 GMT+1
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Services to trade - including transport - show some resilience to the crisis
The passenger air transport index hit its lowest point ever
September 17, 2020
The WTO explained that if today's reading shows an index 95.6, the lowest ever recorded and significantly lower than base value of 100, the barometer measurements are overall outperforming recent trends in the real market services to trade, a gap - the WTO pointed out - that in the past preceded a positive change in the evolution of trade Commercial.
With regard to the different components of this market, the WTO specified that the passenger air transport sector, with 49.2, was the most affected health crisis and recorded the biggest drop in never marked by one of the components of the barometer. It was -- he WTO - a contraction so large that it weighs on the total market for commercial services, although recently seems to have stabilized. The WTO has disclosed that the representing containerized shipping (92.4), construction (97.3) and the PMI of those responsible (97.0) show signs of a turning point, with the latest index showing a which is the most noteworthy as it's the most anticipated component of the service barometer.
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The WTO explained that if today's reading shows an index 95.6, the lowest ever recorded and significantly lower than base value of 100, the barometer measurements are overall outperforming recent trends in the real market services to trade, a gap - the WTO pointed out - that in the past preceded a positive change in the evolution of trade Commercial.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
