Economy
August 26, 2021
CRU Economists: Signs of Relief for Supply Chains
Written by Alex Tuckett
By CRU Principal Economist Alex Tuckett, from CRU’s Global Economic Outlook, Jan. 31
2022 has begun with tentative signs that supply chains are slowly normalizing. Business survey measures of delays, bottlenecks and price pressures in the U.S. and Europe are moderating. PPI inflation looks to have peaked. This is essential to our view that consumer price inflation will moderate and growth will remain above trend this year.
