LONDON—Euro zone manufacturing activity remained strong last month but was curtailed by supply chain bottlenecks and logistical problems which sent input costs soaring, a survey showed on Tuesday. Ongoing disruptions caused by the coronavirus pandemic, alongside a shortage of heavy goods vehicle drivers, has caused product shortages and left factories struggling to get the raw…
Euro Zone October Factory Growth Hurt by Supply Woes, Price Pressures: PMI
November 2, 2021
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Supply Chain Issues Slow French Manufacturing Growth in October: PMI
November 2, 2021
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PARIS—Supply chain issues hit France’s manufacturing sector in October, where the slowdown in growth came broadly in line with initial forecasts, a monthly survey showed on Tuesday. Data compiler IHS Markit said its final purchasing managers’ index for French manufacturing in October fell to 53.6 points from 55.0 in September, up a notch from an…
Labor and Supply Problems Dent Growth in Construction Sector in the UK
Subcontractors in the construction sector have been charging more, while supply shortages are pushing up the costs of materials for builders, an influential survey has found. The UK’s construction industry has seen growth slow, with output rising, but to the smallest extent in eight months. The IHS Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) gave…
UK Service Sector Hikes Prices and Sees Supply Chain Hit to New Orders
UK service sector firms hiked prices at a record pace last month as they battled against surging cost pressures and a slump in new orders due to supply and staff shortages, new figures have shown. The closely watched IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) survey revealed that new order growth weakened for the…
German Services Lose Momentum as Catch-Up Effects Wane, Supply Shortages Spill Over: PMI
BERLIN—Germany’s services sector activity continued to grow strongly in September, but the recovery from the COVID-19 pandemic lost momentum as catch-up effects are waning and more companies are affected by supply bottlenecks, a survey showed on Tuesday. IHS Markit’s final Purchasing Managers’ Index (PMI) for the services sector fell to 56.2 from 60.8 in August,…
UK Companies See Orders Boom on Hopes of Lockdown Ending
LONDON—Surging new orders before an easing of COVID-19 lockdown restrictions has prompted a stronger rebound for British companies than expected this month, although price pressures are rising sharply, too, a business survey showed on Wednesday. The flash IHS Markit/CIPS UK Composite Purchasing Managers’ Index (PMI) rose to a seven-month high of 56.6 in March from…
First Flashes of Brexit Trade Trouble Appear in UK Data
LONDON—Early signs of disruption caused by Britain’s shift to its new, less open trading relationship with the European Union are emerging in economic data. Although the biggest problem for many companies remains the COVID-19 pandemic, details of recent surveys show that Brexit is adding to the strain on the economy. Manufacturers and services firms have…
Canadian Manufacturing Activity Increases at a Record Pace in December
January 4, 2021
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TORONTO—Canadian factory activity expanded at its fastest pace on record in December as new orders and production climbed, while manufacturers grew more optimistic that output would continue to rise in 2021, data showed on Monday. The IHS Markit Canada Manufacturing Purchasing Managers’ index (PMI) rose to a seasonally adjusted 57.9 in December from 55.8 in…
German Economic Downturn Deepens in September, Outlook Grim: Flash PMI
BERLIN—The downturn in German business activity deepened in September, a preliminary survey showed on Friday, as higher energy costs hit Europe’s largest economy and companies saw a drop in new business. S&P Global’s flash composite Purchasing Managers’ Index (PMI), which tracks both the manufacturing and services sectors which together account for more than two-thirds of…
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