The Global Price Pressures Index held steady at 0.5 in July, matching June’s level and indicating that global manufacturing input cost pressures remain around half the long-run average.

• Five of 26 tracked commodities saw slight price declines, led by Polyethylene, PVC, and Stainless Steel.
• Electrical Items and Semiconductors were the only categories with notable above-average price increases.
• The Global Supply Shortages Index fell to 0.5 from 0.6 in June, the lowest in four months.
• Transport shortages rose sharply, reaching the highest level since April 2023 and over 7× the long-run average.
• Shortages of Stainless Steel and Aluminium were also above trend, but most other commodities showed stable or easing supply conditions.