EM manufacturing entering choppy waters

The drop in the S&P Global EM manufacturing PMI last month suggests that a fading re-opening boost in China and weak global demand have caused industry to slow. And in parts of Eastern Europe, the surveys point to sharp falls in output. The one crumb of comfort is that price pressures have eased. EM Drop-In (4th August, 10:00 ET/15:00 BST): Join our monthly online session on the big issues in emerging markets. In this 20-minute briefing, the team will be answering your questions about debt risks amid global tightening, the latest on the inflation outlook and much more. Register now.

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