What February PMI Reports Say about Emerging Markets



Key economic indicators

Some of February’s key emerging market indicators that we’ll look at in this series are as follows:

  • India’s (INDA) manufacturing PMI
  • India’s services PMI
  • China’s (FXI) manufacturing PMI
  • China’s services PMI
  • Russia’s (RSX) manufacturing PMI
  • Russia’s services PMI
  • Mexico’s (EWW) manufacturing PMI
  • Indonesia’s (IDX) (ASEA) manufacturing PMI
  • Brazil’s manufacturing PMI
  • Brazil’s services PMI

Market Realist recently analyzed the service and manufacturing activity of major developed nations in February 2018. The manufacturing and services activity of major developed nations gave mixed signals in February 2018. It’s also important for investors to keep an eye on the manufacturing and services activities of emerging nations. The iShares MSCI Emerging Markets ETF (EEM) and the Vanguard FTSE Emerging Markets ETF (VWO), which track the performance of emerging markets, fell 5.9% and 5.3%, respectively, in February 2018.

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Series overview

In this series, we’ll analyze both the manufacturing and service activity of China, Brazil, India, Russia, Mexico, and Indonesia in February 2018. 

We’ll begin by looking at India’s manufacturing PMI in February 2018.


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