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Emerging Market Economic Headlines

  September 2, 2010

  - PMI recorded at 51.7% in July.
  - Fixed asset investment expected to fall in H2/2010.
  - Retail sales rose 18.9% y/y in July.
  - HSBC manufacturing PMI at 57.2 in August.
  - Trade with South Africa expected to exceed USD 10bn by March 2011.
  - Inflation recorded at 6.44% in August.
  - Exports slowed to 29.43% y/y in July.
  - Palm oil exports expected to reach 1.2 million metric tons in August.
  - Stronger growth in 2011 to narrow budget gap.
  - Tax agencies expected to miss target in August.

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