About this work
Conflict in the Middle East was rerouting trade and increasing transport costs in early 2024. Yet purchasing managers' surveys did not show a substantial deterioration in delivery times. The analysis distinguishes rising logistics expenses from a broader supply disruption, while warning that a longer or wider conflict could change that balance.
Abstract
Conflict in the Middle East was rerouting trade and increasing transport costs in early 2024. Yet purchasing managers' surveys did not show a substantial deterioration in delivery times. The analysis distinguishes rising logistics expenses from a broader supply disruption, while warning that a longer or wider conflict could change that balance.
Cite this work
Jonathan Fortun (2024). Global Macro Views: Another Supply Chain Shock?. Institute of International Finance.