Growth in developing Asia is moderating but remains robust. As global trade slows and investment weakens, regional growth forecasts are trimmed from Asian Development Outlook 2019 by 0.3 percentage points for 2019 and by 0.1 points for 2020 compared to April forecasts. The revisions reflect gloomier prospects for international trade and evidence of slowing growth in the advanced economies and the People's Republic of China, as well as in India and the larger economies in East and Southeast Asia.
Inflation remains benign in the region, but pressure is building slightly as food prices rise. Inflation across developing Asia is forecast at 2.7% this year and next, or 0.2 percentage points up from April forecasts.
By:
Asian Development Bank Imprint: Asian Development Bank Volume: 2019 Dimensions:
Height: 280mm,
Width: 216mm,
Spine: 18mm
Weight: 812g ISBN:9789292617523 ISBN 10: 9292617524 Series:Asian Development Outlook Pages: 256 Publication Date:30 September 2019 Audience:
Professional and scholarly
,
Undergraduate
Format:Paperback Publisher's Status: Active