Intermediate goods exports continue to fall in second quarter of 2023

World exports of intermediate goods (IGs) fell by 8% year-on-year in the second quarter of 2023 to US$ 2.3 trillion, continuing the slump recorded since last year amid stagnating commodity prices and a marked contraction in global consumer demand due to high inflation and interest rates. The decline affected all regions and most IG product categories.

All copyrights for this article are reserved to Cosmetics design Europe