Against a backdrop of an improving growth trajectory, economic policy uncertainty presents a new challenge for the already complex environment in which central banks operate – more so because the actual and expected inflation figures are seemingly on an uptrend.
Tracing back to the most upstream stage of the complicated supply-chain network, it turned out that procurement greatly relied on specific firms in specific areas. As a result, the termination of production at a certain firm had a serious impact on the production activity of many firms, including those abroad.