Euro zone factory growth stayed strong in Dec as supply issues eased

LONDON: Manufacturing activity in the euro zone remained resilient at the end of 2021 as factories took advantage of an easing in supply chain bottlenecks and stocked up on raw materials at a record pace, a survey showed.

The global coronavirus pandemic had left factories struggling to get the materials they need and sent costs soaring, but a tentative easing of the supply issues led to a marked decrease in price pressures.