In April, expectations for an improved economic scenario turned from forecast to facts. A coronavirus vaccination drive being well underway along with the reopening of economies, in the developed market world, proved instrumental. Nevertheless, the pace of immunization differs notably geographically. Selective economic data points started depicting a more benevolent scenario. Eurozone factory activity growth surged to a record high in April, boosted by surging global demand. Notably, Eurozone Manufacturing PMI stood at 62.9, above March’s final figure of 62.5. Eurozone consumer price inflation is expected to rise to 1.6 percent year-on-year, up from 1.3 percent in March. Click here to access the report