European Business Growth Hurt by Supply Issues, Pricing in September: PMIs

European Business Growth Hurt by Supply Issues, Pricing in September: PMIs
A steel worker of Germany's industrial conglomerate ThyssenKrupp AG stands a mid of emitting sparks of raw iron from a blast furnace at Germany's largest steel factory in Duisburg, Germany. Wolfgang Rattay/Reuters
Reuters
Updated:

LONDON—Business growth across Europe remained strong last month but elevated inflationary pressures put a dent in demand while ongoing supply issues constrained activity, issues which are likely to continue, a survey showed on Tuesday.

Although many restrictions imposed to contain the coronavirus pandemic have now been lifted in the region, firms are suffering from shortages of staff, raw materials, and transport.