En• In new research this week, we extend our analysis of the fallout from the logistics disruptions in the Red Sea. In the furniture sector, 63% of all EU imports come from Asia by sea, raising the need for alternative shipping modes and price rises. A new road route from the United Arab Emirates (UAE) could assist two-fifths of Israel’s seaborne imports from Asia.
• New S&P Global Purchasing Managers’ IndexTM (PMI) data shows the Red Sea disruptions may have caused UK and eurozone supplier delivery times to rise to their longest since 2022. Container rates have nonetheless started t...
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