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There has been a lot of previous discussion about how inflation the world over has been driven by supply side issues.If one looks at charts for both the BDI and for the Global container freight index, one can see that the freight part of of the supply side issues has largely evaporated.The BDI is now back to where it was pre COVID.[ATTACH=full]157922[/ATTACH]The container freight index is back to where it was pre covid, and is about 1/5th of its high in September 2021.[ATTACH=full]157923[/ATTACH]Mick
There has been a lot of previous discussion about how inflation the world over has been driven by supply side issues.
If one looks at charts for both the BDI and for the Global container freight index, one can see that the freight part of of the supply side issues has largely evaporated.
The BDI is now back to where it was pre COVID.
[ATTACH=full]157922[/ATTACH]
The container freight index is back to where it was pre covid, and is about 1/5th of its high in September 2021.
[ATTACH=full]157923[/ATTACH]
Mick
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