SINGAPORE -- The Asian Development Bank revised the region's inflation forecast for 2024 and 2025, as price pressures ease due to the lagging effects of monetary tightening.
Economy
Asian Development Bank trims regional inflation outlook
GDP growth projection unchanged at 5.0% in 2024
A vendor at a traditional market on the outskirts of Jakarta. The Asian Development Bank downgraded regional inflation outlook in its latest report. © Reuters
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