Published August 1, 2026 | Version v1
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Shipping Freight Costs & UK Inflation Dynamics

Authors/Creators

  • 1. Bayes Business School, City St George's, University of London
  • 2. ROR icon City St George's, University of London
  • 3. ROR icon Durham University

Description

Shipping is fundamental for the UK economy, transporting c.85% by weight of the country’s international freight trade. As the sector’s clean energy transition accelerates, it is increasingly subject to both national and international decarbonisation policies. Using an econometric model, we show that, if shipping freight rates then rise significantly there can be effects on UK inflation. Such effects are temporary, reducing over time to negligible in the medium to longer term.

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Clean_Maritime_policy bulletin_010_IKetal final15.10.2026.pdf

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Additional details

Related works

Describes
Journal article: https://www.bayes-cid.com/pdf/issues/2026-summer/publications/CID-Summer-2026_Kyriakou-etal-072826.pdf (URL)

Funding

Department for Transport
Engineering and Physical Sciences Research Council
EP/Y024605/1