Aberdeen’s Kochugovindan: Strait Reopening Would Ease Inflation, but Shipping Restart Will Take Time

Sree Kochugovindan, a senior research economist at Aberdeen Investments, said a potential reopening of the Strait would be a positive development for inflation by reducing inflationary pressures. According to Bloomberg, he said the process would take time because demining operations and insurance clearances are needed before shipping can fully resume, and he pointed to ongoing inflationary pressures in the US and Japan, citing early signs in the Producer Price Index (PPI).