RWI/ISL-Container Throughput Index painting a more benign picture of world trade this month

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During November 2016, The Container Throughput Index of the RWI – Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) recorded a healthy increase to 122.1 points. The figures for September and October have been revised upwards by 0.5 points (to 120.0 in both cases). The revision is a result of two elements: First, the actual figures reported by some ports outpaced the preliminary estimates. Second, the revision reflects changes to the seasonal adjustment factors which have become necessary.

In the end, the index now paints a more benign picture of the health of the global container trade than it did just one month ago. Yet, one needs to remain cautious and keep in mind that “one swallow does not make a summer peak”. It will remain to be seen if the upward momentum can be sustained in the months to come. The flash-estimate for November is based on data reported by 38 ports, accounting for close to ~ 75% of the total index volume.

The RWI/ISL-Container Throughput Index for December 2016 will be released on January 24th 2017.

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