{"id":50201,"date":"2021-09-01T15:00:33","date_gmt":"2021-09-01T11:00:33","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=50201"},"modified":"2021-09-01T14:10:53","modified_gmt":"2021-09-01T10:10:53","slug":"ihs-markit-index-eurozone-manufacturing-growth-hit-by-supply-shortages","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/ihs-markit-index-eurozone-manufacturing-growth-hit-by-supply-shortages\/09\/01\/market-updates\/","title":{"rendered":"IHS Markit Index: Eurozone Manufacturing Growth Hit by Supply Shortages"},"content":{"rendered":"\n<p>A survey revealed that the growth of the manufacturing sector in the euro area remained strong in August, but supply chain problems related to the Covid-19 pandemic continued to impede the supply of raw materials needed by factories, which led to higher prices.<\/p>\n\n\n\n<p>The easing of restrictions imposed to curb the spread of the Coronavirus has boosted demand, but many companies have announced that they are facing logistical problems, a production deficit, and a shortage of labor.<\/p>\n\n\n\n<p>The final reading of the IHS Markit Manufacturing Purchasing Managers&#8217; Index fell to 61.4 in August, compared to 62.8 in July and below a preliminary estimate of 61.5.<\/p>\n\n\n\n<p>An index measuring production, feeding into a composite Purchasing Managers&#8217; Index due on Friday and considered a good gauge of the economy&#8217;s health, fell from 61.1 in July to 59.0. Any reading above the 50 levels indicates growth.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A survey revealed that the growth of the manufacturing sector in the euro area remained strong in August, but supply chain problems related to the Covid-19 pandemic continued to impede the supply of raw materials needed by factories, which led to higher prices. The easing of restrictions imposed to curb the spread of the Coronavirus &hellip;<\/p>\n","protected":false},"author":9,"featured_media":30653,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6837],"class_list":["post-50201","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-eurozone"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=50201"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50201\/revisions"}],"predecessor-version":[{"id":50203,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/50201\/revisions\/50203"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/30653"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=50201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=50201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=50201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}