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Eurozone manufacturing expanded due to Middle East supply chain issues, causing job cuts and soaring costs.
Manufacturing activity in the Eurozone expanded at its fastest pace in nearly four years, driven by supply chain disruptions from the Middle East conflict.
While production rose and backlogs increased, companies also cut jobs and faced soaring input costs.
In the UK, manufacturers faced the steepest price hikes since 1992 due to the same supply chain issues, leading to a rare output contraction and a spike in job cuts.
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La manufactura de la zona euro se expandió debido a los problemas de la cadena de suministro de Oriente Medio, causando recortes de puestos de trabajo y aumentos de costos.