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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 2018 Update: Maintaining Stability Amid Heightened Uncertainty

Asian Development Outlook 2018 Update: Maintaining Stability Amid Heightened Uncertainty

Asian Development Bank

Paperback

Series: Asian Development Outlook (Ado), Book 2018

Business GeneralEconomicsGeneral Sociology

ISBN10: 9292613340
ISBN13: 9789292613341
Publisher: Asian Development Bank
Published: Jan 30 2019
Pages: 234
Weight: 1.64
Height: 0.64 Width: 8.50 Depth: 11.00
Language: English
Developing Asia's gross domestic product is forecast to expand by 6.0% in 2018 and 5.8% in 2019. Consumer prices for 2018 and 2019 are projected to rise by 2.8%.

Growth in developing Asia has so far held up against external headwinds. The forecast for rising inflation is tempered despite higher global fuel and food prices. Downside risks to the outlook are intensifying. Any escalation of the trade conflict could disrupt cross-border production links.

While the region is expected to meet the Asian Development Outlook 2018 forecast of 6.0% growth in 2018, the projection for 2019 has been trimmed by 0.1 percentage points to 5.8%. Excluding Asia's high-income newly industrialized economies, the region is expected to expand by 6.5% this year and 6.3% in 2019.

The Asian Development Outlook series analyzes economic and development issues in developing countries in Asia. This includes forecasting the inflation and gross domestic product growth rates of countries throughout the region, including the People's Republic of China and India.

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