(Bloomberg) -- The global trade funk is dragging on, with new data on Thursday showing volumes are falling at the fastest pace since the depths of the financial crisis.
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Calculations by Bloomberg based on the trade monitor of Dutch Bureau for Economic Policy Analysis CPB 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.
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Comparing the most recent three months with a year earlier is similarly disappointing. That measure saw a second consecutive decline, also the biggest since 2009.
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