Asian Development Outlook Supplement, December 2019
Video | 11 December 2019
- Developing Asia's GDP expected to grow by 5.2% both in 2019 and 2020 - ADB Report
- Inflation is forecast to go up at 2.8% in 2019 and 3.1% in 2020 - ADB Report
- Developing Asia’s growth is strong but moderating due to slower global growth, an electronics cycle downturn, and the ongoing US-China trade conflict.
Transcript
Developing Asia’s Economic Outlook December 2019
Developing Asia’s growth is strong but moderating
due to slower global growth,
an electronics cycle downturn,
and the ongoing US-China trade conflict.
Downside risks to growth remain elevated
Regional growth prospects in 2019 and 2020 are mixed.
China growth forecast - graphic
India growth forecast - graphic
Higher food prices
are pushing up inflation.