ECONOMICS COMMENTARY
Sep 05, 2013
Emerging market output edges higher in August
The HSBC Emerging Markets Index (EMI), a monthly indicator derived from the PMI" surveys, recovered from July?s post-crisis low in August, but signalled only a marginal rise in output across global emerging markets. The EMI rose from 49.5 to 50.7, the third-lowest figure in over four years. That said, it was the first rise in the headline figure since March.
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