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Supply chain disruptions to ease in 2023 as firms adapt, says WEF

17 Jan 2023 9:50 AM | Abbie Lunn (Administrator)

Just one in five (23%) chief economists expect supply chain disruption to have a significant impact on businesses in 2023, according to a report. 

The World Economic Forum's (WEF) Chief Economists Outlook, produced for the WEF's annual meeting in Davos, found half (50%) of experts considered it either somewhat or extremely unlikely that there will be an adverse impact from supply chain factors. 

The report said this reflected “significant stabilisation after Covid-19 restrictions and integration of war-related disruptions in business planning”.

However, the report said the outlook for the year ahead was “gloomy”.

Read more on CIPS here.

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