THE HAGUE, April 25 (WNM staff) - Calculations by Bloomberg based on the Dutch statistics office’s trade monitor show a 1.9 percent drop in the three months through February compared with the previous three months. That marks the steepest drop since the period through May 2009.

The CPB Netherlands Bureau for  Economic Policy Analysis summarizes the developments in global international trade and industrial production february 2019:

 • World trade volume decreased 1.7% month‐on‐month (growth was 2.1% in January, initial estimate 2.3%).

• World trade momentum was ‐1.9% (non‐annualised; ‐1.8% in January, unchanged from initial estimate).

•  World industrial production decreased 0.1% month‐on‐month (‐0.1% in January, initial estimate 0.0%).

• World industrial production momentum was ‐0.2% (non‐annualised; ‐0.1% in January, initial estimate 0.0%).