The Rhine River levels seasonality shows 2022 has been closer to the lower 10-year band. The index compiled by Bloomberg throws a reading of 4.95m, the lowest since March
For most of the year, the river has been closer to the lower band and seasonality shows levels tend to decline from August to October. 2022 might be set to print new lows from here
Low Rhine River levels weight on industrial production, this will be paired with high energy prices and a gas rationing in Europe. This is the kind of liquidity that ECB can't provide
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