QVMS - Global Manufacturing Growth Slows And Sentiment Darkens Amid Record Supply Delays Unprecedented Price Hikes And Stalling Trade
- Worldwide manufacturing output growth slowed in October to the weakest so far in the recovery from the initial pandemic lockdowns.
- This shortfall of production could be to a large extent explained by ongoing supply constraints, in part relating to labour but more widely for raw materials.
- All economies reported higher input costs (with the vast majority reporting higher rates of inflation).
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Global Manufacturing Growth Slows And Sentiment Darkens Amid Record Supply Delays, Unprecedented Price Hikes, And Stalling Trade