Manufacturing output across the euro area continued to rise solidly as the fourth quarter got underway, according to the latest S&P Global PMI survey data, even as factory order growth slowed and supply-chain pressures intensified. There was, however, a further uptick in employment, while purchasing activity increased at the strongest pace since May 2022. Inputs were stockpiled to the greatest extent in almost four years as supplier delivery delays worsened and input cost inflation jumped to a five-month high. The S&P Global Eurozone Manufacturing PMI a measure of the overall health of the eurozone ... ( full story )
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