Emerging Markets Activity Monitor Reasons to expect the EM recovery to soldier on High COVID-19 cases across parts of the emerging world have grabbed headlines over the past few months. But while these outbreaks will inevitably create bumpiness in the affected countries’ economic... 28th January 2021 · 3 mins read
Emerging Markets Activity Monitor Digging into the divergences in the latest activity data The latest activity data continue to show a divergence across countries, but also sectors. Consumers have generally driven recoveries in parts of Latin America, while manufacturing has been the main... 21st December 2020 · 3 mins read
Emerging Markets Activity Monitor Q4 shaping up to be a mixed bag The latest activity and mobility data are consistent with economies in Latin America, India and South Africa registering another quarter of positive growth in Q4, and those in Central & Eastern Europe... 27th November 2020 · 3 mins read
Emerging Markets Activity Monitor CEE entering a renewed downturn The rapid spread of COVID-19 in Central & Eastern Europe (CEE) will cause a renewed slump in the region in Q4. That contrasts with India and parts of Latin America and Africa, where falling new cases... 30th October 2020 · 3 mins read
Emerging Markets Activity Monitor Recoveries entering a slower phase, China an exception The latest activity and mobility data indicate that the EM recovery has lost some steam in recent months and we expect the pace of recovery to remain slow-going in the coming quarters. The main... 30th September 2020 · 3 mins read
Emerging Markets Activity Monitor Taking stock of Q2 GDP and the recovery so far The latest Q2 GDP figures show diverging depths of downturns between EMs (outside China), which can largely be explained by differences in the severity of virus outbreaks and the stringency of... 20th August 2020 · 4 mins read
Emerging Markets Activity Monitor First signs of EM recovery losing steam Our Mobility Trackers suggest that the EM recovery hit a snag in July, partly due to escalating coronavirus cases and tightening restrictions in some EMs (South Africa, Colombia, Hong Kong). This may... 28th July 2020 · 2 mins read
Emerging Markets Activity Monitor Taking stock of the EM recovery The latest hard data, and our Covid Recovery Trackers, suggest that the downturn in EM GDP bottomed out in April and activity is now edging higher. But the recovery is uneven, with rebounds strong in... 22nd June 2020 · 4 mins read
Emerging Markets Activity Monitor Coronavirus: five points on the hit to EM activity so far This Activity Monitor outlines five key points on the coronavirus fallout for EMs, including what we can say about the impact so far. At the very least, it looks like the virus will cause aggregate EM... 28th February 2020 · 3 mins read
Emerging Markets Activity Monitor Coronavirus to hit EM growth Our Tracker suggests that aggregate EM GDP growth stabilised in Q4, but it will no doubt weaken sharply in Q1. The coronavirus has already dealt a significant blow to China’s economy, and other EMs... 31st January 2020 · 2 mins read
Emerging Markets Activity Monitor EMs set for disappointing recovery in 2020 EM activity slowed at the start of Q4 and aggregate growth in 2019 as a whole is likely to be the weakest since 2015. Conditions should improve in 2020, but we think growth across many EMs will... 20th December 2019 · 2 mins read
Emerging Markets Activity Monitor EM growth to be stronger in 2020 EM GDP growth picked up in Q3 and, despite a likely slowdown in China, we expect that aggregate EM growth will be a touch stronger in 2020 than it has been this year. 29th November 2019 · 2 mins read
Emerging Markets Activity Monitor Tepid recovery on the horizon Our Trackers suggest that growth slowed across large parts of the emerging world in Q3. But aggregate EM growth is probably close to bottoming out and we expect that it will strengthen a little in... 30th October 2019 · 2 mins read
Emerging Markets Activity Monitor EM consumers helping to offset industrial weakness The recent stabilisation in EM GDP growth has come alongside further evidence that solid consumer spending is helping to offset weakness in industry. We expect this trend to continue in the coming... 27th September 2019 · 2 mins read
Emerging Markets Activity Monitor EM slowdown bottoms out in Q2 The raft of GDP figures published in the last few weeks suggest that, having slowed over most of the past year, aggregate EM growth ticked up in Q2. But activity is still soft and we expect that EM... 29th August 2019 · 2 mins read
Emerging Markets Activity Monitor Early signs that EM growth has turned the corner Having slowed sharply in Q1 and at the start of Q2, it looks like EM GDP growth strengthened a little in May and June. Even so, with China’s slowdown set to resume and the global economy more... 26th July 2019 · 2 mins read
