Freight Cost Volatility Impacts on Inflation – An Analysis
Freightos
DECEMBER 20, 2022
Rates remained about 10X higher than pre-COVID through April of 2022, leading most importers to pass on at least some of those increased costs to consumers in the form of higher prices. the Fed’s 2% per annum target, with the rate of inflation nearly doubling from September 2021 to June 2022 following the freight rate peak.
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