Workers wearing face masks while working at the Maxport factory, which makes activewear for various textile clothing brands, in Hanoi. - AFP
HANOI, Nov 1 (Reuters): Asia's factory activity stepped up a gear in October as emerging economies saw COVID-19 infections subside, but rising input costs, material shortages and slowing Chinese growth cloud the outlook, business surveys showed on Monday.
Policymakers in the region face pressures on multiple fronts as they steer their economies out of the pandemic-induced doldrums while also trying to keep prices under control amid rising commodity costs and parts shortages.
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