Eurozone Manufacturing PMI confirmed at 52.2 in April, up from 51.6 in March, with Spain surging from 48.7 to 51.7. ECB June hike probability priced above 90% as the SPF cut 2026 GDP growth to 1.0% and raised core inflation to 2.2%.
Illustrates the improvement in Eurozone manufacturing activity to its highest level in around 4 years, aligning with the article's report on PMI expansion amid hawkish ECB signals. Source
