Brazil's November PMI jumps to 48.7 from 46.5 previously. The country was among the first of the...

|By:, SA News Editor

Brazil's November PMI jumps to 48.7 from 46.5 previously. The country was among the first of the emerging markets to initiate a monetary easing cycle, and cut rates for the 3rd time in 3 months yesterday. Markit provides a longer term chart of BRIC PMIs, all near flatline territory at the moment. (PR)