Wednesday, February 23, 2011

World trade tops pre-crisis level in December: Dutch CPB

World trade volumes exceeded pre-crisis levels for the first time in December, and global trade expanded by a record 15.1 percent in the whole of 2010, the Dutch CPB economic institute said on Wednesday.

The data were further evidence of a buoyant global economy, with the full-year expansion in trade more than compensating for a 13.0 percent contraction in 2009 in the wake of the financial crisis, it said in its monthly world trade monitor.

Reporting by Reuters - Jonathan Lynn

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