Full Text Sharing
Growth in developing Asia accelerated in the first quarter of 2024 on resilient domestic demand and strong export growth, particularly in electronics. The region’s growth forecast for 2024 is increased slightly to 5.0%, while the 2025 projection is maintained at 4.9%. Headline inflation in developing Asia is now forecast to ease further from 3.3% last year to 2.9% this year, stabilizing at 3.0% in