Pressure on global supplies rises again in March
In March, pressure on global supply chains rose to levels seen at the beginning of 2023. However, it remains significantly below the peak values recorded during the pandemic.
Vector
In March, pressure on global supply chains rose to levels last seen at the beginning of 2023. This information was published by the Federal Reserve Bank of New York.
The Global Supply Chain Pressure Index increased in March to 0.68, up from 0.54 in February. An index value of zero indicates normal pressure, while positive values signal increased strain on supply chains.
Despite the recent rise, the current figure remains well below the peak of 4.49 recorded in December 2021, when the economy was still experiencing the effects of COVID-19-related disruptions.