Eurozone manufacturing picks up on weak euro

The world

LONDON: Manufacturing activity across the eurozone accelerated faster than previously thought last month, adding to signs the bloc’s economy is recovering, a business survey showed.

Any indication of a pick-up in growth will delight the European Central Bank, which embarked on a quantitative easing (QE) programme in March, aiming to buy around 60 billion euros of bonds every month to drive up inflation and spur the recovery.