HSBC Emerging Markets Index
The quarterly HSBC Emerging Markets Index (HSBC EMI) is a market first: we've created a leading economic indicator for world's emerging market economies, at a time when the rapid progress of the emerging market regions has never been more closely connected, or important, to the development of the global economy.
Latest News
HSBC Emerging Markets Index Q2 2010
Stephen King, HSBC’s Chief Economist, said: "The stellar recovery in economic activity across most of the emerging markets seen since the first half of 2009 finally hit a bump in the road. The good news is that emerging markets, having escaped the legacy of excessive debts, should not face the same kinds of financial constraints which will keep the lid on economic activity in the developed world in the years ahead."
Emerging Markets Index
Manufacturing growth in the emerging markets slowed sharply from a record pace set in Q1 2010, the latest HSBC Emerging Markets Index (EMI) shows.
This easing reflects a moderation in the rate of growth of new orders, especially for manufacturing exports. And with developed nations showing few signs of domestic demand and about to enter a period of fiscal retrenchment, world trade is likely to soften further.
In Q2 of 2010, the HSBC EMI dropped to 55.8, down from 57.4 in Q1. However, it remains significantly higher than in Q4 2008, when the index hit a trough of 43.4.
Download the full global EMI report Q2 2010 (PDF 3,645K)
Download the full global EMI press release Q2 2010 (PDF 37K)
Purchasing Managers Index
HSBC announced on 1st September, five new emerging market Purchasing Managers' Indices (PMIs) - the largest number of new PMIs ever announced at one time. Including seven existing emerging market PMIs, HSBC now provides PMI data for 64% of the emerging market economies of Asia, South America and Europe.
Press Room
Please refer to the Press Room for access to all the latest monthly PMI, quarterly EMI and annual Emerging Markets Insights press releases, HSBC spokespeople biographies and other supporting press materials.
About HSBC in Emerging Markets
HSBC is one of the world's largest banking and financial services organization and the leading emerging markets bank. With an international network comprising of 8,500 offices in 86 countries and territories, HSBC has a strong presence in both developed and emerging markets.
