The latest activity figures suggest that EM growth faltered a bit in the middle of Q2. Consumer spending slowed in April and May, while EM industry seems to have started to lose momentum. Forward-looking surveys suggest that things will continue to weaken over the coming months, supporting our view that overall EM growth will soften this year.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.