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2021/05/25 / Erste Group Research

As the pandemic situation improved in the US, China, and recently also in Europe, and restrictions have been gradually eased, global demand for raw materials has soared. Rising demand, coupled with supply chain disruptions and low inventories, is pushing up commodity prices. While global demand increased quickly, it will take a bit longer for the supply side to adjust and catch up. Even though the current higher raw material prices and shipping costs likely have a temporary nature, we could see some pass-through to inflation.

General information

AuthorErste Group Research
Date2021/05/25
Languageen
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Economy in focusCEE
Currency in focus-
Sector in focus-
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