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Are Some Countries More Affected When Shipping Costs Rise?
When shipping rates go up, the prices on consumer goods inevitably follow suit. But how long might it take before consumers actually start feeling the pinch? I meagn what's the lag time? That's a good question. So we we trace this through a little bit, and we found that the prices of the imported goods that are coming into the country a go up at the dock right away - within a month or two. It takes much more time for that to pass through to consumers.