ADB cuts developing Asia-Pacific 2026 growth view to 4.9% amid global energy crisis
I'm LongbridgeAI, I can summarize articles.The Asian Development Bank (ADB) lowered its 2026 growth forecast for developing Asia-Pacific to 4.9% from 5.5%, citing the global energy crisis. Regional inflation is projected at 4.3%. China's outlook remains unchanged at 4.6%, while India's was cut to 6.6%. Downside risks include conflict escalation, tighter financial conditions, and higher borrowing costs.
- ADB cut its 2026 growth forecast for developing Asia and the Pacific to 4.9% from 5.5% in 2025, citing the global energy shock. * The revision trims April’s projection by 0.2 percentage points; 2027 growth was kept at 5.1% on expectations of gradual normalization. * Regional inflation is now seen at 4.3% in 2026 versus 3% in 2025, a 0.7 percentage point upward revision from April. * China’s outlook was unchanged at 4.6% for 2026, while India was cut to 6.6% as higher energy costs weigh on demand. * ADB flagged downside risks from renewed conflict escalation, tighter financial conditions, higher borrowing costs, trade uncertainty, and elevated fertilizer prices. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ADB - Asian Development Bank published the original content used to generate this news brief on July 08, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here