From booze to bulldozers, analysts scour for emerging market data
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- Delhi: Man shoots self at Rajiv Chowk Metro station
- BJP MP compares Modi with Gandhi, Cong says 'sycophancy at its worst'
State Street incorporated data on online shopping prices from US company PriceStats into its own research in 2011, covering many developed markets as well as emerging markets such as Russia, South Africa, and Latin American countries.
The regularly updated data acts effectively as a leading indicator for official inflation data, according to a State Street study based on US inflation.
In China, the surveys of food and supermarket prices show price deflation for most of December and January, in contrast to consensus expectations for inflation to quicken in China this year.
BlackRock, the world's largest fund manager, started its own sovereign risk indices in 2011 across major and emerging markets, amid concern about risk in many developed sovereigns.