ECONOMICS COMMENTARY
Dec 05, 2013
Emerging market growth strengthens further
The HSBC Emerging Markets Index (EMI), a monthly indicator derived from the PMI surveys, continued its upward trajectory in November on the back of faster manufacturing growth. The EMI rose to 52.1, from 51.7 in October, signalling the fastest expansion in business activity across global emerging markets since March. That said, growth remained only moderate overall.
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