Money

Consumer prices likely to rise on higher container shipping rates

A global surge in freight charges could raise consumer prices by 2.2 percent in the least developed countries, UNCTAD says. Consumer prices likely to rise on higher container shipping rates
Shipping costs are a key component of food and non-food prices in countries like Nepal. The steep rise in container freight rates will add to production costs, and this burden is ultimately passed on to the consumer.  POST FILE PHOTO
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Krishana Prasain
Published at : November 25, 2021
Updated at : November 26, 2021 00:06
Kathmandu

Krishana Prasain

Krishana Prasain is a business reporter for The Kathmandu Post covering markets. Before joining The Kathmandu Post in 2018, she spent 3 years in New Business Age magazine covering business.


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