Graphic detail | Daily chart
Global shipping costs are plunging as the world economy slows
The receding snarl-ups in trade may help restrain inflation
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THE COST OF shipping containers is in retreat around the world, as the shortages and bottlenecks that plagued maritime trade throughout much of the pandemic subside rapidly (see chart). The drop could help to reduce stubbornly high inflation, and offer a signal of slowing demand in the global economy.
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