I seen a report within the FT yesterday that mentioned:

That’s an astonishing fall.

So, I then seemed on the Drewry WCI index that screens the price of transporting a freight container on key routes world wide. It appears like this during the last 5 years:

As is obvious, one or two routes excepted, freight charges are again to pre-Covid charges. So world commerce is again to regular.

So if commerce is again to regular and there at the moment are no obvious provide shortages, with the capability to satisfy demand clearly current, the query must be, why is inflation persevering with?

We all know there isn’t any wage / value spiral, as a result of wages are very clearly lagging costs nearly in every single place, so that can’t be the reply.

The one apparent reply in that case is that income have risen and are being maintained. Greedflation is maintaining costs excessive.

The query is then, when will we get value controls if enterprise refuses to convey them down by itself?