The swift recovery in global demand was not followed by a corresponding rise in supply of goods and services, which not only heightened inflationary pressures, but also contributed to significant supply disruptions. Average Intercontinental freight rates for a 40ft container, rose from $ in January 2020 to over $ by September 2021.
If relatively less capital-intensive sectors become a larger share of the economy, the steady-state level of investment ratio is likely to be lower. However, our analysis suggests that the capital intensity of http://www.rba.gov.au/speeches/2017/sp-dg-2017-11-13.html  10/13  13/11/2017  Business Investment in Australia | Speeches | RBA  industries varies substantially within each of the goods and services sectors.