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Shipping rates haven increase 500% in the last 24 months

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Real life example of hyper inflation, these are not charts or anything scientific but my own experiences.

~2 Years ago I was paying ~ $ 60 USD per CBM (China -> Montreal), now it's $ 384 USD per CBM, a small increase of 640%. (Meanwhile a container has increased from $ 4,000 to $ 20,000).

Don't worry tho, the government states that it is only transitory inflation.

Move on, nothing to see here.

PS: All my suppliers have increase their price by 25 to 40% each years.

submitted by /u/kevlav91
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