RWI/ISL Container Throughput Index increased in May
(PresseBox) - The seasonally adjusted Container Throughput Index of the Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI) and the Institute of Shipping Economics and Logistics (ISL) increased to 115.7 in May after a corrected 115.1 in April. However, the increase was not strong enough to even out the previous month's decrease. All in all, the index indicates that the trend underlying world trade remains weak.
The April value of the index was corrected upwards by 0.4 point since last month. This was first and foremost a result of the recalibration of seasonal factors. The unadjusted index was increased by a mere 0.1 per cent, a minor revision compared with the to-date average. Just like last month, the current flash forecast for May is based on a sample of 41 ports handling roughly 75% of the traffic represented in the Index.
The Index is based on data of 73 world container ports covering approximately 60% of worldwide container handling. The ports are continuously monitored by the ISL as part of their market analysis. Because large parts of international merchandise trade are transported by ship, the development of port handling is a good indicator for world trade. As many ports release information about their activities only two weeks after the end of the respective month, the RWI/ISL Container Throughput Index is a reliable early indicator for the development of international merchandise trade and hence for the activity of the global economy.
The RWI/ISL Container Throughput Index for June 2013 will be published on July 23rd.
The ISL - Institute of Shipping Economics and Logistics was founded in Bremen in 1954 and is one of Europe's leading institutes in the area of maritime research, consulting and knowledge transfer today. Our employees in Bremen and Bremerhaven handle projects from all over the world in the fields of logistics systems, maritime economics and transport as well as information logistics and turn innovative ideas into solutions with practical applicability.
The Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI) was founded in 1926 and sees itself as a modern center for scientific research and evidence-based policy advice. The guiding principle is to analyze the "individual prosperity and economic policy options in the demographic and social change."
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The ISL - Institute of Shipping Economics and Logistics was founded in Bremen in 1954 and is one of Europe's leading institutes in the area of maritime research, consulting and knowledge transfer today. Our employees in Bremen and Bremerhaven handle projects from all over the world in the fields of logistics systems, maritime economics and transport as well as information logistics and turn innovative ideas into solutions with practical applicability.
The Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI) was founded in 1926 and sees itself as a modern center for scientific research and evidence-based policy advice. The guiding principle is to analyze the "individual prosperity and economic policy options in the demographic and social change."
Datum: 25.06.2013 - 05:30 Uhr
Sprache: Deutsch
News-ID 1239821
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