🌐Global Supply Chains Ease For Fifth Consecutive Month: N.Y. Fed

• Global supply chain pressures decreased in September, marking a fifth consecutive month of easing.

• The September decline was quite broad-based, with HARPEX contributing the most to downward pressure.

• The GSCPI’s year-to-date movements suggest that global supply chain pressures are beginning to fall back in line with historical levels.

-N.Y. Fed

*Global supply chains pressure index is now at the lowest level since December 2020