Emerging Markets Economics

Emerging Markets Activity Monitor

29 November, 2016

EM recovery grinds on

Our GDP Tracker suggests that the EM recovery has continued in recent months, driven in large part by a strong rebound in China’s economy. This has a bit further to run but we think the recovery will begin to lose steam by early next year. The Tracker suggests that aggregate EM GDP grew by 3.4% y/y in September, up from 3.3% y/y in August. What’s more, the early data point to a further acceleration in October too. Our “early reporters” Tracker – which is composed of countries that have

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