Hopes raised that worst of supply chain problems has peaked as output grows for ninth straight month

By Dave Rogers2021-11-04T10:05:00

Source: Shutterstock

Firms reporting problems has slowed markedly from summer high

Output recovered in October with hopes being raised that the worst of the supply chain issues that continue to dog the industry may nonetheless have peaked.

The latest PMI data drawn up by IHS Markit and CIPS said total activity for October stood at 54.6, up from the score of 52.6 the month before.

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