DFEV - Emerging Markets Growth Accelerates At The Start Of 2024
2024-02-10 01:55:00 ET
Summary
- A third consecutive monthly acceleration in global output growth was supported by faster emerging market expansion.
- Emerging markets continued to lead growth at the start of the year, with improvements seen in India and Brazil, while mainland China and Russia continued to see steady expansions.
- Forward-looking indicators, including the Backlogs of Work and Future Output indices, further painted a positive picture for emerging markets output growth in the near term.
A third consecutive monthly acceleration in global output growth was supported by faster emerging market expansion while developed markets also returned to growth for the first time in six months....
Emerging Markets Growth Accelerates At The Start Of 2024