Economy

Big business bosses are warning that supply chain issues and inflation are here to stay

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A truck picks up a shipping container at the Port of Savannah in Georgia. The supply chain crisis has created a backlog of nearly 80,000 shipping containers at this port, the third-largest container port in the United States, with around 20 ships anchored off the Atlantic coast, waiting to offload their cargo.

Paul Hennessy | LightRocket | Getty Images

LONDON — Top executives at multiple European blue-chip companies have told CNBC that supply chain problems, labor shortages and inflationary pressures will run for longer than policymakers are expecting.

The most recent inflation prints have done little to assuage concerns about stickier inflation. The U.S. consumer price index jumped 6.2%…



Source cnbc.com

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