This page looks at global inflationary pressures, including supply chains and the tightness of the labour market. The left-hand chart shows both the supplier delivery times component of manufacturing PMIs, as well as shipping costs. As the lines fall, supply chain pressures are easing, and vice versa. The right-hand chart plots job vacancies relative to the number of people who are unemployed across the US, Germany and the UK. This highlights that while labour markets are starting to weaken, they still remain tight, particularly in the US and the UK.