Sri Lanka, Oct. 12 -- The Asian Development Bank (ADB) is trimming its growth outlook for developing Asia and the Pacific by 0.1 and 0.2 percentage points for this year and next, amid the emergence of a new global trade environment, shaped by tariffs and updated trade agreements.

Economies in the region are projected to grow by 4.8% this year and 4.5% next year, according to Asian Development Outlook (ADO) September 2025, released today. This compares with April forecasts of 4.9% and 4.7%.

Higher tariffs imposed by the United States (US) and elevated trade uncertainty are expected to weigh on the region's growth. Inflation will continue to ease to 1.7% this year amid lower prices for food and energy, before increasing modestly to 2.1% n...