Crisis in the red sea
As there is currently a larger supply of ships and containers, the instability in the Red Sea is not causing freight prices to escalate as much as they did after the Pandemic.
Moreover, there is more stock of goods in the receiving countries than in 2021, so there is no global shortage that could lead to price escalation and global economic instability.
However, in European countries there have been occasional stock-outs and freight increases, which are already driving up market prices.
Will this situation be resolved in the coming months or will it continue for several years?
Let’s hope for the best, as this would be positive for everyone and would help to moderate or even
lower inflation.