Emerging-market PMI for services and manufacturing falls in December

Source: Reteurs
A gauge of business activity in emerging-market countries accelerated at a weaker rate in the last month of 2013 mainly due to a slow-down in service sector especially in the world's second largest economy, a report published by Markit Economics and HSBC Bank showed on Tuesday. According to the report, the HSBC emerging markets service and manufacturing purchasing managers' index slipped from November's 52.1 to December's 51.6.

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