Impact of container freight rates surge on import and consumer prices 2021-2023

Projected impact of 2020 and 2021 container freight rates increase on import and consumer price levels through 2023, by state type

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Release date

November 2021

Region

Worldwide

Survey time period

August 2020 to August 2021

Supplementary notes

The impact of container freight rate surges on prices is assessed based on a 243 percent increase in the China Containerized Freight Composite Index between August 2020 and August 2021. The simulation model assumes that freight rates in August 2021 will be sustained over the remaining simulation period (September 2021 to December 2023) and all other factors are held constant over the entire simulation period (August 2020 to December 2023).

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