Does the 1.1% m/m decline in US retail sales spell more trouble for container volumes?
Despite falling 1.1% m/m in both November and December, US retail sales volumes remain 13% above 2019 levels and 6% higher than the pre-COVID trend. However, sales volumes could return to trend during 2023 and thereby pose a risk for Asia to North America container volumes.
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Posted:
01 February 2023
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