LONDON: Output growth across emerging markets was subdued in September, making the average for the third quarter the lowest since early 2009, while expectations fell for the first time since June, a survey showed on Wednesday.
The composite HSBC Emerging Markets index for services and manufacturing edged higher to 50.8 in September from 50.7 in August, pointing to a slow recovery as outstanding business continued to fall and new business grew feebly, HSBC said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
