Global economic outlook improves as new industrial data points to steady recovery

New industrial output data from major economies indicated gradual recovery momentum, helping improve global sentiment despite uneven consumer spending patterns. European manufacturing hubs reported marginal expansion, while Asian exporters saw stable demand from key trade partners. Economists noted that easing supply constraints and moderating commodity prices could provide a stronger foundation for growth. However, analysts cautioned that global performance will depend on central bank policy paths and regional geopolitical conditions. 

Investors are watching upcoming macro indicators for additional clarity.