TOKYO (Reuters) -Asia's factory activity continued to expand in May thanks to an ongoing recovery in global demand, surveys showed on Tuesday, though rising raw material costs and supply chain constraints clouded the outlook.
Read more about Factory activity racing across globe but supply squeeze dims outlook on Business Standard. European manufacturers ramped up activity at the fastest monthly pace in PMI survey history but a spike in COVID-19 infections in some countries continued to disrupt supply chains
By Leika Kihara TOKYO (Reuters) - Asia's factory activity continued to expand in May thanks to an ongoing recovery in global demand, surveys showed on.