ECONOMICS COMMENTARY
Jul 07, 2014
Emerging markets gain momentum in June
The HSBC Emerging Markets Index (EMI), a monthly indicator derived from the PMI surveys, indicated stronger output growth across global emerging markets in June. The EMI posted 52.3, up from 50.6 in May, signalling the sharpest rate of expansion since March 2013. That said, it remained below its long-run average of 53.8.
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