June’s batch of PMIs for the region improved almost entirely across the board and the strength in the Gulf states marked a stark contrast to the weakness among other emerging market regions. Elsewhere, there were further signs that price pressures in Egypt are cooling, but the threat of a fresh devaluation presents an upside risk to inflation.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services