Textile & Apparel
Textiles
Global trade may reach almost $32 trn in 2024: RBI Bulletin
Jul 22, 2024
Insights
- Global trade may reach almost $32 trillion in 2024, though it is unlikely to surpass the record level of $32.2 trillion in 2022, an article in RBI bulletin’s July issue said.
- Global economic activity seems to be strengthening across advanced and emerging market economies. Labour markets are easing from historically tight conditions and wage growth is slowing.