Still, estimates indicate that the second half of the year will see a recovery, propped by the accelerated economic growth in China, gradual balancing of the energy market in Europe, abated global uncertainties and further resolution of bottlenecks in international supply chains.
2 оf 10  Chart 2 Global supply chain pressures and overseas container transport prices  Chart 1 Global inflation projection for 2023 and 2024 (in %)  (index, show n in standard deviations)  (in USD)  12,000  12  2022  2023  2024 9.9  10  5 Global price of contrainer transport, LHS  10,000  GSPI, RHS  4  8.8 8.1 8  7.3  8,000  3  6,000  2  4,000  1  2,000  0  6.6 5.5  6 4.3  4.6  4 2.6 2  0 Global inflation  Advanced economies  Source: IMF.