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Shipping trade port

Why are shipping costs surging again?

6th June 2024

Container shipping costs have rebounded in the past month amid a pick-up in demand for goods from China and a possible front-loading of festive orders due to concerns about future shipping disruptions. And shipping costs could yet rise further. Our Shipping Dashboard should prove to be a valuable tool in tracking how the situation evolves. For now, a point to emphasise is that this renewed rise in freight rates will not alter the outlook for consumer price inflation.

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