Supply bottlenecks are pushing up costs for manufacturers | The Economist

Supply bottlenecks are pushing up costs for manufacturers

The effect on inflation should be temporary

LOGISTICS MANAGERS have gained a few grey hairs over the past year. When the virus first spread, they faced a collapse in demand. Now they are scrambling to fill a surge in orders. One in five purchasing managers report “port” or “shipping” delays, the most since 2004, says IHS Markit, a data provider.

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