HSBC Emerging Markets Index Falls From 51.7 to 51.2 But Manufacturing Was Up

The HSBC Emerging Markets Index (EMI), a monthly indicator derived from the Purchasing Managers’ Index (PMI) surveys conducted by HSBC and Markit, fell back from December’s three-month high of 51.7 to 51.2, the joint-lowest since last May. The overall slowdown was driven by the weakest expansion in services activity in eight months. However, manufacturing output growth picked up to the fastest since August. - HSBC Emerging Markets Index January 2015

To read the whole report, HSBC Emerging Markets Index: Emerging markets start 2015 in low gear, go to the website of HSBC.

Similar Posts:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Visit Us On TwitterVisit Us On FacebookVisit Us On LinkedinCheck Our FeedVisit Us On Instagram