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Disappearing bottlenecks

Sep 30, 2022

One of the reasons of the high inflation have been the bottlenecks in the global supply chains that have been building during the Covid crisis. These bottlenecks are starting to dissolve as the port congestions are disappearing and the freight rates are coming down. The container shipping rate on the China to Europe route for example is down 40% since the start of the year. Time to update the inflation narrative.

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