RWI/ISL Index: Rising container throughput indicates easing of supply chains
by David Fleschen
According to the latest flash estimate, the Container Throughput Index of RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose slightly in August, seasonally adjusted, to 127.4 points compared to the previous month. Container throughput in Northern European ports increased particularly strongly.
The most important facts in brief:
- The Container Throughput Index of RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) rose seasonally adjusted to 127.4 points in August compared to 126.5 points (revised) in the previous month.
- In Chinese ports, container throughput continued to recover from the lockdowns after taking a breather in July. The index value for Chinese ports rose from 137.1 to 139.5.
- The North Range Index, which gives indications of economic developments in the northern euro area and Germany, rose particularly strongly in August from 111.5 (revised) to 115.2 compared to the previous month.
- The RWI/ISL Container Throughput Index for September 2022 will be published on 28 October 2022.
Commenting on the development of the container throughput index, RWI head of economic research Torsten Schmidt says: "Container throughput increased in August despite a weakening global economy. The particularly strong expansion in European ports suggests that supply chains are gradually easing."
Source: RWI, Photo: Fotolia