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Analysis Reports
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Title:
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Asian Development Outlook 2014 Supplement: Stable Growth Outlook for Developing Asia
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Category:
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International Markets
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Source:
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Asian Development Bank
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Sector:
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Company:
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Detail:
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Date:
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7/24/2014
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Pages:
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5
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Language:
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English
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File Type:
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Size:
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439 Kb
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Summary:
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Developing Asia’s outlook remains on track despite slower-than-expected first quarter growth in the United States. The region is projected to grow steadily at 6.2% in 2014 and 6.4% in 2015, the same rates envisaged in Asian Development Outlook 2014. Slight downward revisions to GDP forecasts for Central Asia, Southeast Asia, and the Pacific are balanced by upward adjustments for South Asia. Relatively stable oil prices and declining food prices are helping to keep inflation in check such that consumer prices in the region are now expected to rise more slowly in 2014 than previously projected.
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