QVMS - Eurozone Bucks Trend Of Higher Flash PMIs But Record Price Rises Are Universal

• The eurozone bucked this improving trend, however, as its service sector growth slowed, accompanying a broader manufacturing slowdown that is also evident in the US and UK.
• US manufacturers reported the weakest output growth since July of last year, with production inhibited first and foremost by supply delays and secondly by labour shortages.
• A key factor across the countries was a shortage of components and supply delays, which led to weaker manufacturing performance than would otherwise have been possible under current demand conditions.

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