Europe bounces back

Eurozone manufacturing activity hit a 26-month high last month, according to the article, marking a clear pickup in industrial output for the bloc.

Yes — the article says the 26-month high in manufacturing activity confirms recent data showing the eurozone is coming out of a recession.

Companies reported the strongest improvement in business conditions for just over two years, signalling a notable recovery in the operating environment.

A 26-month high means manufacturing activity is at its highest level in more than two years — a useful economic signal for investors monitoring the health of the Eurozone economy and industrial demand.

Yes. The article notes a pick up in the growth of new orders, which helped drive the improvement in manufacturing activity.

The article suggests the upturn will be sustained into September because the growth in new orders points to ongoing momentum.

The improvement was reported from data covering last month, which showed the manufacturing activity reaching a 26-month high.

Companies across the bloc reported the strongest improvement in business conditions for just over two years, according to the article.