ICYMI: Measure of worldwide provide chain efficiency rose to its long-run common in November

By way of S&P World (the PMI folks) comes encouraging information on the World Suppliers’ Supply Occasions Index

This can be a measure of worldwide provide chain efficiency.

It rose to its long-run common for the primary time since earlier than the COVID-19 pandemic in November.

Says S&P:

• “signalling a normalisation of supply-side situations”