Rising shipping costs have created inflation pressures © YOSHIKAZU TSUNO/AFP via Getty Images
Rising shipping costs have created inflation pressures © YOSHIKAZU TSUNO/AFP via Getty Images

Supply bottlenecks lower Asia Pacific growth forecast

20 October 2021

Supply chain bottlenecks and rising shipping costs have led the International Monetary Fund (IMF) to downgrade its economic growth forecast in Asia.

The IMF said interest rate rises and uncertainty over whether vaccines can keep up with evolving Covid-19 variants had also hit growth expectations.

 Want to stay up to date with the news? Sign up to our daily bulletin.

To read the rest of this article you need to sign in:
Don't have an account? Register here

JOIN CIPS

Not a CIPS member? Why not join CIPS to access a full range of benefits, including:

  • Access all areas of the CIPS Knowledge on-line library including tools and templates and Supply Management stories.
  • Enhance your network and get connected to a global community of 120,000 in 150 countries.
  • Stay in touch and up to date through member only events and branch meetings.
  • Annual subscription to Supply Management magazine.
  • 10 per cent discount on all training courses, workshops, seminars and conferences.
  • Up to 15 per cent discount on books from the CIPS book store, including course books and a range of further reading text books.

And much more. Click here to join >

LATEST
JOBS
London or East Kilbride
London total package - £35,700, East Kilbride total package - £30,700
Cabinet Office
Leeds, London
£71,000
Department of Health and Social Care
SEARCH JOBS
CIPS Knowledge
Find out more with CIPS Knowledge:
  • best practice insights
  • guidance
  • tools and templates
GO TO CIPS KNOWLEDGE