Michelin CEO on Impact of Higher Raw Material Prices

The video discusses the impact of rising raw material prices on costs and profits, highlighting supply chain disruptions and the ability to pass costs to consumers. It details price increases for customers and the broader impact of inflation on the transport sector, with container shipping costs rising significantly. The discussion also covers economic recovery forecasts, considering the potential impact of the Delta variant, and emphasizes the ongoing global crisis, particularly in regions like India and South America. The speaker anticipates recovery not before the second semester of 2022.

What challenges are being faced in the economic recovery due to the Delta variant?

When does the speaker anticipate economic recovery to begin?