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....
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Emerging Markets Growth Accelerates At The Start Of 2024