Euro Zone October Factory Growth Hurt by Supply Woes, Price Pressures: PMI

Euro Zone October Factory Growth Hurt by Supply Woes, Price Pressures: PMI
A worker wears a protective mask at the Volkswagen assembly line after VW re-starts Europe's largest car factory after coronavirus shutdown in Wolfsburg, Germany on April 27, 2020. Swen Pfoertner/Pool via Reuters
|Updated:

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 materials they need.