Export of world commercial services up 3% in 2012 first quarter – WTO
Global exports of commercial services rose by 3% year-on-year in the first quarter of 2012, according to preliminary estimates by the World Trade Organisation (WTO) and the UN Conference on Trade and Development (UNCTAD).
The rise in percentage was the same as the 2011 fourth quarter level. In 2011 first quarter, export of commercial services was around 12%.
The data was based on balance-of-payments, current price and not seasonally, according to the two bodies.
By Ekow Quandzie