- The IHS Markit's eurozone manufacturing PMI broke new records for a fourth straight month in a row during June, rising to a new high of 63.4.
- The speed of the recent upsurge in demand has led to a sellers' market as capacity and transportation constraints limit the availability of inputs to factories.
- There are encouraging signs suggesting that companies are expanding capacity to boost supply and meet rising demand, which should alleviate some of the upward price pressures.
For further details see:
Eurozone Manufacturers Report Unprecedented Price Spike As PMI Hits New All-Time High