Spike in Freight Rates Likely to Impact Global Import Prices by 11% Until 2023: UNCTAD
The continued surge in freight rates will impact the imports-reliant Indian solar industry
November 23, 2021
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
The current surge in container freight rates, if sustained, could increase global import price levels by 11% and consumer price levels by 1.5% between now and 2023, according to UNCTAD’s Review of Maritime Transport 2021.
