New supply chain disruptions erupt in China

Genevieve Signoret

(Hay una versión en español de este artículo aquí.)

The following is an excerpt from Quarterly Outlook. Click here to read the full report.

An easing of Covid-related supply chain disruptions that we were observing last February is underway. New Covid-related supply disruptions, however, have erupted in China, where, in an effort to stop the spread of Covid while developing new vaccines, building hospital capacity, and vaccinating its older population, authorities have had cities such as Shanghai partially or fully shut down since April 1 (for 55 days).

Yes, Covid-related global supply chain disruptions from 2021 have eased, but now new ones have erupted in China

Global Supply Chain Pressure Index, showing the monthly standard deviations from the long-term trend since 2015 (monthly index)

Source: Federal Reserve Bank of New York.

Research assistance by Estefanía Villeda. Editing by Andrés Aranda.