KEJI - Emerging Markets Activity Expands At Fastest Pace In 10 Months

2024-04-09 02:00:00 ET

Summary

• Emerging markets growth accelerated at the end of the first quarter of 2024, rising in March at the fastest pace since May of last year.
• Supporting the latest expansion were improvements across both the manufacturing and service sectors.
• The GDP-weighted Emerging market PMI Output Index rose from 53.4 in February to 53.7.

Emerging markets growth accelerated at the end of the first quarter of 2024, rising in March at the fastest pace since May of last year. Supporting the latest expansion were improvements across both the manufacturing and service sectors, with India continuing to lead growth in both sectors among the biggest emerging market economies. ...

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