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Published on 18th January 2024
The Asean+3 Macroeconomic Research Office (AMRO) maintains its 2024 growth forecast for the region at 4.5%, driven by resilient domestic demand and improving exports. Strong performance in China, gradual property recovery, and a return of tourism are expected to support regional growth. Inflation is projected to modera...
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I found the information below and here's a summary
Did you know that the Asean+3 region is expected to grow by 4.5% in 2024? This growth is fueled by resilient domestic demand and a boost in exports, especially from China! It's like watching a dragon (China) breathe fire into the economy while the rest of the region rides the wave of recovery. Plus, inflation is set to cool down from 6.6% to 4.4%! Can we say economic glow-up?
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