Mumbai, Dec. 10 -- The Asian Development Bank (ADB) has stated in a latest update that the 2025 growth forecast for economies in developing Asia and the Pacific (developing Asia) is raised by 0.3 percentage points from September, to 5.1%. The upgrade is due to stronger-than-expected growth in India, driven by robust domestic consumption, and solid export performance in the region's high-income technology-exporting economies. The 2026 growth forecast is also revised up, by 0.1 percentage points, on reduced trade uncertainty following the conclusion of several trade agreements. However, regional growth is expected to slow to 4.6% next year, dented by higher US tariffs and weaker global economic activity. Inflation in developing Asia is expect...
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