Emerging Markets Future Output Index
“Expectations of ‘future output’ by EM businesses, specifically by manufacturers, improved sharply in February as a sign of strong sentiment. Our hopes are mainly pinned on China, Asia and commodity producers in the Middle East, as LatAm and CEEMEA [have] yet to show more convincing strength.”
– Murat Ulgen, chief economist, Central and Eastern Europe and Sub-Saharan Africa, HSBC