--- title: "Asian Development Bank cuts regional growth forecasts on impact of war in Middle East" type: "News" locale: "en" url: "https://longbridge.com/en/news/284565717.md" description: "The Asian Development Bank has revised its economic growth forecast for the Asia-Pacific region, lowering it to 4.7% for this year and 4.8% for next year, down from 5.1% for both years, due to the ongoing war in the Middle East. Additionally, the inflation forecast for the region has been increased to 5.2% in 2026, up from a previous estimate of 3.6%." datetime: "2026-04-29T12:01:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284565717.md) - [en](https://longbridge.com/en/news/284565717.md) - [zh-HK](https://longbridge.com/zh-HK/news/284565717.md) --- # Asian Development Bank cuts regional growth forecasts on impact of war in Middle East SINGAPORE, April 29 (Reuters) - The Asian Development Bank on Wednesday cut its economic growth forecast for the region to 4.7% this year and 4.8% next year, down from earlier projections of 5.1% for both years, due to the war in the Middle East. It also raised its inflation forecast for Asia and the Pacific to 5.2% in 2026 from an earlier projection of 3.6%. ADB President Masato Kanda called it ### Related Stocks - [VPL.US](https://longbridge.com/en/quote/VPL.US.md) - [GMF.US](https://longbridge.com/en/quote/GMF.US.md) ## Related News & Research - [Velo3D files for 3M share common stock offering by selling stockholder](https://longbridge.com/en/news/286511432.md) - [World Gym Corporation (TWSE: 2762) Highlights Q1 2026 Results and Results Conference Invitation](https://longbridge.com/en/news/286851343.md) - [International Energy Agency Is Wrong To Forecast Coal's Demise](https://longbridge.com/en/news/286899857.md) - [S. ‘Soma’ Somasegar, 1966-2026: Microsoft and Madrona leader was a champion of developers and startups](https://longbridge.com/en/news/286980081.md) - [J. P. Morgan lowers 2026 gold price forecast](https://longbridge.com/en/news/286714122.md)