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.
To read the whole report, HSBC Emerging Markets Index: Emerging markets start 2015 in low gear, go to the website of HSBC.
- HSBC Emerging Markets Index: EM Lose Pace in July Despite Manufacturing Pick-up (HSBC)
- Look at Stock Returns Rather Than GDP Growth Figures (II)
- What the HSBC Earnings Report Tells Us About Emerging Markets (Forbes)
- Vietnam’s Economic Growth Surges to Above 7% as Exports Climb (Bloomberg)
- Asia and Emerging Markets Had the Worst Dividend Growth Rates for 1Q2014 (FE Trustnet)
- New UPS CEO Will Focus on Emerging Markets (FT / Reuters)
- China Mobile has the Largest Share of Chinese Internet Data Traffic But China Unicom Has the Fastest Growth (Umeng)
- The World in 2050 (PWC)
- Margetts Fund Management Manager: Emerging Markets Rally Has Gone Too Far (FE Trustnet)
- As Emerging Market Growth Slows, Moody’s Thinks Advance Economies Will Drive Global Growth