Euro Zone Factory Growth Strong in September but Bottlenecks Bite

Euro Zone Factory Growth Strong in September but Bottlenecks Bite
Staff wear protective masks at the Volkswagen assembly line in Wolfsburg, Germany on April 27, 2020. Swen Pfoertner/Pool via Reuters
Reuters
Updated:

LONDON—Euro zone manufacturing growth remained strong in September but activity took a big hit from supply chain bottlenecks that are likely to persist and keep inflationary pressures high, a survey showed on Friday.

Factories have struggled with logistical issues, product shortages and a labour crunch brought about in large part by ongoing disruptions caused by the coronavirus pandemic which forced governments to impose strict restrictions on mobility.