(IHS Markit) Eurozone’s Manufacturing PMI was at 58.4 in November, a marginal improvement from a final reading of 58.3 in October.
The manufacturing PMI reading reflects the first increase since June but was the second-weakest improvement since February.
Supply-chain constraints persisted, with average lead times lengthening in November.
New businesses increased above the long-run average leading to a surge in work outstanding. Inventories rose to a record due to buffer stock build-up by manufacturers.
Costs rose to the third-highest in history, with output charges rising to the highest on record since November 2002.
Italy posted the largest improvements in manufacturing as activity hit record highs. Greece posted one of the fastest increases on record.
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