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BKF - Updated Q2 2020 Composite And Services PMIs For BRIC
iShares MSCI BRIC Index Fund
As promised earlier, here are the BRIC Services and Composite PMIs for 2Q 2020 with updated Global PMIs. Note: my charts show quarterly PMIs, derived from the Markit's monthly data.
Services sectors:
As the above shows, 2Q 2020, services sector growth in India and Russia lagged global sector activity.
Manufacturing:
India, Russia, and Brazil manufacturing sector activity lagged global activity in 2Q 2020. The same three BRIC economies also lagged Global Composite PMI development:
Per Markit release, here are the main developments in Global PMIs on a monthly basis: