GDP may decline in the Asian region for the first time in sixty years
According to the bank’s revised Asian Development Outlook (ADO) forecast, the region’s gross domestic product (GDP) could fall 0.7 percent this year and grow 6.8 percent next year. In the previous version of its forecast, the ADB has revised downwards the 2.2 percent increase indicated for this year, but expects a larger increase next year than the 6.2 percent indicated therein. (MTI)
Related news
A slow recovery awaits the Hungarian economy
This year, the Hungarian economy started to grow after last…
Read more >KSH: In the fourth quarter of 2023, the performance of the economy was unchanged
According to raw data, Hungary’s gross domestic product (GDP) did…
Read more >GDP did not change compared to the previous quarter
Falling short of expectations, the domestic GDP did not change…
Read more >Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >