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SABB/HSBC Emerging Markets Index (EMI): Emerging Markets Lose Pace in July despite Manufacturing Pick-up
The SABB/HSBC Emerging Markets Index (EMI), a monthly weighted composite indicator derived from national PMI survey reports in 17 emerging economies, fell to 51.7 in July, from 52.3 in June, indicating slower output growth across global emerging markets. However, the latest expansion was stronger than the average seen over the…
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Source: SABB/HSBC