
(AGENPARL) – mar 24 gennaio 2023 The surge in global shipping costs was a canary in the coal mine for the persistent rise in inflation. []
(CREDIT: ADOBE STOCK | AERIAL-DRONE)
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Dear Colleague,
Spiraling food and energy prices have made headlines, but there’s a key driver of global inflation that’s often missed. Our latest F&D article by Jonathan Ostry explains the effects of the surge in shipping costs across economies and regions. Their role as a driver of global inflation is underrecognized, he writes. “Shipping cost shocks can alert central banks tasked with ensuring price stability of dangers ahead and help them reduce the risk of once again falling behind the curve.”
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Nick Owen
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F&D Magazine
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