EXCESS CAPACITY IN WORLD’S SUPPLY CHAINS UP SHARPLY IN JULY AND AT THE FASTEST PACE SINCE MAY 2020, POINTING TO DETERIORATING ECONOMIC CONDITIONS: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX
Demand conditions, which remain very depressed globally, declined at even sharper rates in Europe and the U.K. in July; contrasting with shallower demand downturn in North America, highlighting some divergence in global economies European supply chain spare capacity was at its greatest…
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