Emerging economies: Manufacturing PMIs mixed

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Although the Markit Manufacturing PMIs for emerging economies generally point to growth slowing in the manufacturing industries in the respective countries, these economies are still in expansion mode. The manufacturing industry in India remains elevated, though, while Taiwan has slowed significantly. Manufacturing output in South Africa continues to contract, albeit at a slower pace.

 CountryManufacturing PMI 
July 2010June 2010Trend
Brazil51.852.7Softer, 11-month low, expanding
Czech Republic56.8N/AEased, expanding
Poland52.153.3Softer, expanding
Turkey52.853.2Softer, expanding
India57.657.3Higher, expanding
Russia52.752.6Steady, expanding
Taiwan50.553.8Slowed, expansion stalled
South Africa49.548.4Improved, contracting

Sources: Markit; Kagiso.
N/A = not available

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