What was the Global Supply Chain Pressure Index reading for June, and how does it compare to previous months and historical peaks?

The Global Supply Chain Pressure Index was 1.25 in June, down from an upwardly revised 1.81 in May. This June reading is comparable to levels seen in late 2022—during the post-pandemic recovery phase—and is just under the December 2022 level, but significantly lower than the peak of 4.44 recorded in December 2021.

What role did the Middle East war play in recent supply chain disruptions, and what is the current status of those disruptions according to the NY Fed?

The Middle East war caused recent spikes in supply chain pressures by severely disrupting the transit of goods and energy through the Strait of Hormuz, bringing it to a near standstill and contributing to elevated global inflation; however, the conflict is now in a 'hazy process of being resolved,' with some level of transit having resumed, allowing economists and Fed officials to anticipate easing inflation pressures over time.

NY Fed says supply chain pressures eased in June

Jul 6, 2026

The NY Fed reported global supply chain pressures eased in June, dropping to 1.25 as Middle East conflict impacts fade. Officials expect energy and goods prices to stabilize later this year if transit disruptions resolve.

reuters

2026-07-06

NY Fed says supply chain pressures eased in June

NY Fed says supply chain pressures eased in June

FAQ