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Supply chain pressures have been easing in the last few months, which will help improve the goods inflation, a trend that we have already started to see. | Supply chain pressures have been easing in the last few months, which will help improve the goods inflation, a trend that we have already started to see. | ||
* | * Global supply chain pressures decreased moderately in January and the index was revised upward in December.<ref name=":2">https://www.newyorkfed.org/research/policy/gscpi#/interactive</ref> | ||
* The largest contributing factors to supply chain pressures were declines in Korean delivery times, Chinese delivery times, and Euro Area backlogs.<ref name=":2" /> | |||
=== 3. PPI === | === 3. PPI === | ||