All things impacting global supply chains this week with Tony Hines.
- Oil prices have fallen this week as demand has fallen.
- Inflation in the UK falls as the latest CPI figure hits 6.8% a fall of 1.1% on the previous months. Gas price falls have underpinned the fall in the index.
- Consumer's in the UK are feeling the pinch as the cost of living crisis bites.
- An attitude survey in the UK showed that the majority of people polled thought that Railways and Utility Companies ought to be in public ownership to protect services.
- The US imposed import duties on solar panels finished in South East Asia to avoid tariffs on products coming directly from China.
- California automobile regulators investigate cause of crashes.
- Automobile Association UK said that EV's do break down more than combustion engine vehicles but not by as much as is often claimed according to their call logs.
- Chinese auto maker brands are not known in Europe and consumers are sceptical about purchasing Chinese brands.
- Government targets to increase wind-power targets look expensive and unrealistic. They would have to increase capacity fivefold with $27 billion investment to get there.
- The central bank in Russia raises interest rates by 3.5% to 12% in an attempt to defend the exchange rate of the rouble.
About Tony Hines and the Chain Reaction Podcast – All About Supply Chain Advantage
I have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon. All things impacting global supply chains in that week, so come and join us on the Chain Reaction podcast. I look forward to seeing you there.
You can follow and subscribe to the show on your favorite podcast platform.
Follow like and share the Chain Reaction Podcast with colleagues and friends on social media.