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October 29, 2018

Global container freight index remained stable in September

The Container Throughput Index of the RWI - Leibniz Institute for Economic Research and the ISL - Institute of Shipping Economics and Logistics decreased marginally from 133.3 points in the previous month to 133.2 points in September.

The Institutes note that, according to the most recent data, the index which has been decreasing two months in a row. Meanwhile, the index is two points below its peak value of January 2018. This indicates that world trade is presently, at most, stagnating.

The index is based on data continuously collected from world container ports by ISL as part of its market monitoring. Because large parts of international merchandise trade are transported by ship, the development of port handling is a good indicator for world trade.

Source: ISL