Data Monitor: Robust growth for port traffic in December

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Published: January 25, 2020 12:45:05 PM

Container volumes rose sequentially in December19 from the weak levels of September 19.

economy, india economyA decline in volumes moderated from 3.4% y-o-y in Oct-Nov’19 to 2.2% y-o-y in Dec’19 (in TEU terms)

Overall port volumes rose 6% y-o-y in Dec’19 vs y-o-y decline in Oct-Nov; this was partially helped by a weak base of Dec’18. Overall, in Q3FY20, major port volumes remained flat y-o-y. Container volumes rose sequentially in Dec’19 from the weak levels of Sep’19.

A decline in volumes moderated from 3.4% y-o-y in Oct-Nov’19 to 2.2% y-o-y in Dec’19 (in TEU terms).

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