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26 June 2008
An update of economic conditions at the start of the second quarter by the IMF research department predicts a deceleration in global economic growth for 2008, compared to its forecasts made earlier in the year. The IMF expects global growth in 2008 to slow 0.5% lower than the forecast made in January 2008.
24 June 2008
Consolidated data for 2007 shows the imports of chiefly-wool apparel into Japan dropped year on year in volume terms. The large decrease was attributed to the very strong drop in wool knitwear imports, and a decrease in womenswear imports. With men's suits imports remaining relatively strong during the year, chiefly-wool menswear imports were sustained at a level only slightly lower than a year before.
27 June 2008
The Australian wool market finished 0.4% higher, on average, at sales in Sydney, Melbourne and Fremantle this week.
20 June 2008
The Australian wool market finished 0.3% higher, on average, at one day sales on Wednesday in Sydney and Melbourne this week