BRICS: Growth Ahead

​Aggregate manufacturing PMI for Emerging Markets:12 months in a row above 50

Our aggregate Purchasing Managers Index (PMI) for Emerging Markets reached 51.5 in August, confirming good growth prospects, especially in the BRICS countries. Euler Hermes forecasts for 2017 are: Brazil: +0.8% Russia: +1.5% India: +6.5% China: +6.7% South Africa: +0.6%.​



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