December 22, 2017

CPB World Trade Monitor October 2017

The CPB World Trade Monitor shows that the volume of world trade decreased 1.2% in October, after remaining stagnant in September (initial estimate: 0.0%). The Korean national holidays in October contributed to a lower trade growth (almost 1%-point lower).

Developments in global international trade and industrial production October 2017:

Worldtrade volume decreased 1.2% month‐on‐month (growth was 0.0% in September, unchanged from initial estimate).
World trade momentum was 0.6% (non‐annualised; 1.4% in September, unchanged from initial estimate).
World industrial production increased 0.2% month‐on‐month (0.0% in September, unchanged from initial estimate).
World industrial production momentum was 0.7% (non‐annualised; 0.7% in September, unchanged from initial estimate).

For questions. please contact wtm@cpb.nl.
Read also the CPB Background Document 'The CPB World Trade Monitor: technical description'.
In September 2016 (starting with the July 2016 monitor) the WTM base year has been moved from 2005 to 2010. Clarification of the procedure and its outcomes is given in the downloadable appendix (CPB Memo 'Change of base year WTM').

The release of the next monthly CPB World Trade Monitor is scheduled tentatively for 25 January 2018.

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