Shipping costs are adding to inflation

The Baltic Dry (shipping) Index has risen 10x over the past 15 months.

So the decision for businesses is that the cost of shipping is passed on into the finished product pricing or the bulk product isn’t transported (due to an aversion to higher shipping costs), resulting in scarcity.

Either way, prices rise…..and yet I’m told there isn’t any inflation.

August 22, 2021
by Rob Zdravevski

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