New York Fed: Supply chain pressures rise to the highest level since early 2023

Investing.com – Data released Monday by the Federal Reserve Bank of New York shows that supply chain pressures rose to the highest level since the beginning of 2023 in March.

The global supply chain pressure index increased to 0.68 in March, up from 0.54 in February. A reading of zero indicates that supply pressures are at normal levels, while a positive number signals that pressures are intensifying.

The latest reading is still far below 4.49 in December 2021, when COVID-19-related pressures were affecting the economy.

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