GREAT TRADE DECLINE
THE NATION S OUTPUF BRITAIN LARGELY AFFECTEF RUSSIAN EXPORTS INCREASE ITALIAN FIGURES IMPROVE (By Telegraph—P.iss Association— Copyright.l Rcccved Nov. 16, 5.5 pm. BERLIN. Nov. 15. A statistical journal summing up the decline in the foreign trade of 48 countries, covering seven-eighths of the world’s commerce, points out that the figures for the second quarter of 1930 fell 19 per cent, compared with the corresponding period of last year, being £2,585,000,000. which is £255,000,000 less than the previous quarter. Exports, £1215,000,000, £120,000.000; imports £1370,000,000 declined £135.000,000.
American exports fell £54.000,000 and imports £62,000,000 compared with the second quarter of last year, which was the biggest fall throughout the world. Britain was mostly affected in Europe, whore Italy and Russia alone increased their exports—the latter owing to grain dumping.
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Bibliographic details
Wanganui Chronicle, Volume 73, Issue 425, 17 November 1930, Page 7
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130GREAT TRADE DECLINE Wanganui Chronicle, Volume 73, Issue 425, 17 November 1930, Page 7
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