Emerging market growth quickens in Q4 2010 but inflation threatens sting in the tail
Jan 11th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Emerging market growth quickened in the final quarter of 2010, rebounding from a temporary lull in the third quarter and accentuating the growth gap between emerging and developed nations, the HSBC Emerging Markets Index (EMI: pdf) shows. But presenting the key risk to growth in 2011, input cost inflation quickened to the fastest level since Q2 2008, highlighting the rapid build up of inflationary pressures across the emerging world first identified in the HSBC EMI for Q1 2010.