{
"item_title" : "Asian Development Outlook (Ado) September 2023",
"item_author" : [" Asian Development Bank "],
"item_description" : "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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Asian Development Outlook (Ado) September 2023
Overview
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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Details
- ISBN-13: 9789292703387
- ISBN-10: 9292703382
- Publisher: Asian Development Bank
- Publish Date: November 2023
- Dimensions: 11 x 8.5 x 0.47 inches
- Shipping Weight: 1.21 pounds
- Page Count: 174
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