The Reserve Bank has launched the next round of the quarterly Industrial Outlook Survey (IOS) to assess business sentiment for the current quarter and expectations for the ensuing three-month period.
World merchandise trade volume is expected to grow 3.0% in 2022 (down from 4.7% previously) and 3.4% in 2023, but these figures may be subject to revision due to uncertainty about the course of the conflict in Ukraine.
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