The current flash estimate of the Container Throughput Index of RWI – Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) indicates a seasonally adjusted increase of 1.1 points to 124.8 points.
Behind the increase, there are strong regional disparities. While throughput decreased in the Chinese ports, traffic surged in the European ports.
The essence in a nutshell:
- The seasonally adjusted Container Throughput Index of RWI – Leibniz Institute for Economic Research and the Institute for Shipping Economics and Logistics (ISL) increased from 123.7 points (revised) in August to 124.8 points in September.
- In Chinese ports, container throughput weakened significantly. The Index dropped from 131.3 to 128.0 (see „Current data for the index China“ below).
- The North Range Index, an indicator of economic development in the northern euro area and Germany, showed a strong increase from 113.5 (revised) to 119.3 points according to the September flash forecast, compensating the decrease of the previous months.
Commenting on the development of the Container Throughput Index, RWI’s head of economic research, Torsten Schmidt says, “Container traffic is continuing its recovery from the summer dip. Still, world merchandise is still not yet flowing smoothly. The container traffic is still very volatile in various regions of the world.“