The Global Price Pressures Index edged down to 0.4 in August 2025 (from 0.5 in July), the lowest since February 2024, while the Global Supply Shortages Index held steady at 0.5, remaining below the long-run trend for a second straight year.

• Only four of 26 tracked commodities reported above-average price increases, led by Semiconductors (highest since April), followed by Electrical Items, Aluminium, and Textiles.

• Six commodities saw price declines, most notably Polyethylene, Oil, Gas, and Energy, highlighting weakness in energy and chemicals segments.

• Supply shortages were unchanged from July, with only three of 20 items above long-run averages: Transport, Aluminium, and Stainless Steel.

• Overall, price pressures remain at their softest in 18 months, while muted supply shortfalls suggest broadly stable conditions in global manufacturing supply chains.