ZGBR - U.K. Manufacturing Output Hit As Covid Wave Limits Staff And Component Availability

• Analysis of the replies provided by those manufacturers reporting lower production volumes in July highlights a growing impact of COVID-19 and staff shortages, though material shortages remain the most common cause of lost output.
• The proportion blaming lost output on COVID-19 in general jumped from 7% in June to 16% in July, with companies often citing the rise in infection numbers associated with the Delta variant.
• 14% reported that production was curbed by a lack of staff, in many cases also attributed to COVID-19, with employees either ill with the virus or unavailable to work due to isolation rules, though others simply noted difficulties filling vacancies.

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