According to part two of World Economic Survey 1962, the advances in production during 1962 were more moderate than in earlier years in many parts of the world, and frequently disappointed expectations. The rising trend in output, however, was well maintained in the early months of 1963, and the immediate outlook continued to be generally favourable. For the underdeveloped countries, the recovery from recession in North America, combined with some restocking in western Europe, favoured their export trade in 1962. Chapter 1. Recent trends in industrial countries -- Chapter 2. Recent trends in the primary exporting countries -- Chapter 3. Recent trends in the centrally planned countries.