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EEB - BRIC Manufacturing PMIs For 1Q 2019: In Line With Global Growth Slowdown
Invesco BRIC ETF Invesco Capital Management LLC
Q1 2019 Manufacturing PMIs for BRIC economies came in as effectively flat on 4Q 2018 and relatively in line with the collapsing Global Manufacturing PMI.
Brazil Manufacturing PMI averaged 53.0 in 1Q 2019, a gain on 52.1 in 4Q 2018, and the highest quarterly reading since 1Q 2011.
Russia Manufacturing PMI average for 1Q 2019 was at 51.3, down from 51.9 in 4Q 2018, but still the second-highest in 5 quarters.
China Manufacturing PMI was at 49.7 in 1Q 2019, the first sub-50 reading for a quarterly average since 2Q 2016, and the fourth consecutive