RWI/ISL Container Throughput Index: World trade strong despite drop in February
The January value was revised downwards by 0.4 since last month's flash forecast, a magnitude below the long-term average of 0.6 points. The current flash forecast for February is based on a sample of 37 ports handling roughly 64% of the traffic represented in the Index.
The Index is based on data of 75 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 March 2014 will be published on April 24th.
Institut für Seeverkehrswirtschaft und Logistik (ISL)
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."