- 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.
For further details see:
Eurozone Bucks Trend Of Higher Flash PMIs, But Record Price Rises Are Universal