Journal Article

How Does a Rise in International Shipping Costs Affect U.S. Inflation?

Abstract: Trenton Herriford, Elizabeth M. Johnson, Nicholas Sly, and A. Lee Smith find that an increase in ocean shipping costs leads to a modest boost in core inflation after one year.

Keywords: Imports; Inflation; International shipping;

JEL Classification: E31;

Access Documents


Bibliographic Information

Provider: Federal Reserve Bank of Kansas City

Part of Series: Macro Bulletin

Publication Date: 2016-12-01

Pages: 1-3