Worldwide Shipping Container Costs Are Falling

in economy •  2 years ago 

Check out this graph:


source

Compared to this time last year, they're down by 24%.

A lot of the inflation we're seeing is down to shipping costs from last year. When the goods finally arrive, retailers increase prices to cover the shipping costs.

So if shipping costs are on a downward trend, it means inflation should head down too.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!