Global Supply Disruptions Could Still Get Worse, Central Bankers Warn

Global Supply Disruptions Could Still Get Worse, Central Bankers Warn
The port of Long Beach is shown as a record number of cargo container ships wait to unload in Long Beach, Calif., on Sept. 22, 2021. Mike Blake/Reuters
Reuters
Updated:

FRANKFURT—Supply constraints thwarting global economic growth could still get worse, keeping inflation elevated longer, even if the current spike in prices is still likely to remain temporary, the world’s top central bankers warned on Wednesday.

The disruptions to the global economy during the pandemic have upset supply chains across continents, leaving the world short of a plethora of goods and services from car parts and microchips to container vessels that transport goods across the seas.