Although growth picked up slightly across the world's main emerging markets on an average, rates of expansion remain subdued
Data for the four largest emerging economies showed contrasting activity trends in November. China registered growth for the seventh month running, while India posted the fastest growth since June.
Meanwhile, outlook for global emerging markets remained relatively weak in September.
The pace of economic growth in emerging markets continued to revive from the stagnation seen earlier in the year.
The HSBC Emerging Markets Index, a monthly indicator derived from Purchasing Managers' Index surveys, inched up to 50.6 in May from 50.4 in April, indicating weak output growth across global emerging markets.
The HSBC Emerging Markets Index, a monthly indicator derived from the PMI surveys, inched up to 50.4 in April, from 50.3 in March, signalling only a marginal increase in output across global emerging markets in April.
China posted the sharpest increase in output for 15 months, while India saw the steepest expansion since February 2013.
The central bank maintained its bias towards a rate hike.
U.S. economic growth braked more sharply than expected in the first quarter.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances