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The Organisation for Economic Co-operation and Development (OECD) is now tracking how much container shipping is factoring into global inflation.

The OECD’s latest Economic Outlook report cites container shipping as a major contributor to inflation among G20 countries.

The OECD is predicting that G20 consumer inflation (CPI) will hit 4.5% by the end of this year with container freight prices and soaring commodity prices highlighted as a big contributor, adding 1.5% to G20 inflation.

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