16 Jul 2021 -
 General

Semiconductor shortages affecting eurozone recovery

Widespread shortages of semiconductors and other materials are dragging down eurozone economic recovery, according to data published this week by Eurostat.

“The bloc’s industrial output fell 1 per cent in May from the previous month. Economists polled by Reuters had only expected a dip of 0.2 per cent,” reports The FT, continuing, “The drop comes despite recent surveys indicating that manufacturers’ order books are surging due to buoyant global demand.”

Among the worst hit sectors are motor vehicles, trailers and semi-trailers where production fell 7.8 per cent month on month, leaving output 25 per cent below pre-pandemic levels, says the FT.

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Either through the hundreds of manufacturers we purchase directly from, or the international network of component supply-partners offering full product traceability, Astute Safe-Supply, run by sourcing experts and offers a deeper insight into the global components markets.

With real-time access to the latest listings and prices cultivated through several decades of close supplier partnerships, we are able to spot price disparities and leverage product price variances to deliver cost-effective solutions to customers, whilst ensuring a quality, risk-free supply.

For more help with looking at supply chain options, contact Astute Electronics here

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