Sept 23 (Reuters) – Euro zone business growth was much weaker than expected this month as curbs to limit the Delta variant of coronavirus hit demand and already worsened supply-chain constraints pushed input cost rises to an over two-decade high, a survey showed.
Despite daily infection rates slowing significantly over the past month, most remaining restrictions are unlikely to be lifted anytime soon in major economies, including Germany and France, on concerns over how the pandemic might develop in the months ahead. read more
IHS Markit’s Flash Composite Purchasing Managers’ Index, a good gauge of overall economic health, fell to a five-month low of 56.1 in September from 59.0 in August.
Although it stayed above the 50 level separating growth from contraction for the seventh consecutive month, it was well below…