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Asian Development Bank

Asian Development Outlook (Ado) September 2023

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Product Code: 9789292703387
ISBN13: 9789292703387
Condition: New
$41.37

Asian Development Outlook (Ado) September 2023

$41.37
 
Asia and the Pacific is continuing its solid economic recovery thanks to healthy domestic demand, stable financial conditions and a resilient services sector, while inflation in the region is receding.

This update revises slightly down the region's growth forecast for this year to 4.7% on slower expansions in East Asia, South Asia, and Southeast Asia. The growth forecast for 2024 is unchanged at 4.8%. With price pressures in the region remaining in check, the inflation forecast is revised down to 3.6% for 2023 but is revised up slightly to 3.5% for 2024. Importantly, headline and core inflation seem to have peaked for the region, but there is some variation across economies.


Author: Asian Development Bank
Publisher: Asian Development Bank
Publication Date: Sep 20, 2023
Number of Pages: 174 pages
Binding: Paperback or Softback
ISBN-10: 9292703382
ISBN-13: 9789292703387
 

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