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Supply-Chain Bottlenecks Crimp Global Growth, Boost Inflation
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wsj.comWorsening supply-chain bottlenecks around the world and a record surge in the prices of some raw materials and other supplies for manufacturers is dragging on the world economy, suggesting a slowdown this summer will extend through the end of this year.
Surveys of purchasing managers conducted over recent weeks point to a sharp slowdown in European factory activity as businesses reported difficulties getting hold of the parts and raw materials they needed.
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