Global Supply Chain Disruptions, Commodity Price Shocks and Inflation in Japan

In recent years, the concurrent occurrences of the COVID-19 pandemic and the Russian invasion of Ukraine have led to global disruptions in supply chains and a surge in commodity prices. Major advanced economies have experienced an increase in inflation rates and a decline in economic activity. Against this economic backdrop, this paper aims to address the strained condition of supply chains by employing the Global Supply Chain Pressure Index (GSCPI) alongside commodity price indices. Furthermore