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TFGaming雷火电竞-最佳电子竞技在线即时竞猜平台官网-ADB Lowers Developing Asia Growth Outlook as Global Risks Mount

ADB again lowered its forecasts for economic growth in developing Asia and the Pacific, amid mounting challenges that include increased monetary tightening by central banks, the fallout from the protracted Russian invasion of Ukraine, and recurrent COVID-19 lockdowns in the People’s Republic of China.

55th Annual Meeting

ADB Secretary Muhammad Ehsan Khan invites everyone to the 55th Annual Meeting of the ADB Board of Governors, which will be held in a hybrid format from 26 to 30 September 2022. All are welcome to attend.

ADB Secretary Muhammad Ehsan Khan

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TFGaming 电竞游戏在线投注平台 Data and Statistics   ADB's Data and Statistics

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Inflation and Food and Energy Prices

Inflation in developing Asia is on the rise. The average inflation rate in the region increased to 5.3% in July from 3.0% in January. Even so, price pressures in developing Asia remain more moderate than in advanced economies, including the US and the euro area, and most emerging economies. But the continued rise in inflation this year has pushed the regional rate 2.5 percentage points above the 2015–2019 prepandemic average, which suggests an increasing deviation from more normal price dynamics. The regional aggregate masks significant differences across subregions. In July, the Caucasus and Central Asia had the highest inflation rate, at 13.5%, followed by South Asia at 10.0%. Inflation in East Asia was just 3.0%.

Rising food and energy prices contributed to inflation increasing throughout the region. Global food and energy prices have been declining since April, but this has yet to translate into lower domestic prices.

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