Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Asian Development Outlook (Ado) September 2023

Asian Development Outlook (Ado) September 2023

Asian Development Bank

Paperback

Business GeneralEconomics

ISBN10: 9292703382
ISBN13: 9789292703387
Publisher: Asian Development Bank
Published: Nov 20 2023
Pages: 174
Weight: 1.21
Height: 0.47 Width: 8.50 Depth: 11.00
Language: English
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.

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