The German manufacturing sector continued to be held by supply bottlenecks during September, latest PMI® survey data showed. Firms reported not only constrained output levels, but also a softening trend in new orders as reduced production schedules in the automotive sector and rising prices hit demand. With input shortages continuing to drive up purchasing costs, good producers registered another near-record increase in average factory gate charges. Growth expectations meanwhile continued to ebb, acting as an additional drag on the pace of factory job creation. The headline IHS Markit/BME Germany Manufacturing PMI® – ... (full story)