ADB cuts developing Asia growth forecasts due to Middle East conflict

10 articles · Updated · MarketWatch · Apr 29

The ADB now projects regional growth at 4.7% in 2026 and 4.8% in 2027, down from 5.1% previously, with inflation expected to reach 5.2% in 2026.
Persistent energy supply disruptions and elevated oil prices, averaging $96 a barrel in 2026, are tightening financial conditions and raising inflation across Asia and the Pacific.
The ADB warns that further escalation could slow growth to 4.2% and push inflation to 7.4%, urging central banks to focus on market stability and targeted liquidity support.

How close is developing Asia to the ADB's worst-case economic meltdown scenario?

With growth plummeting, can Asian central banks fight soaring inflation effectively?

The Strait of Hormuz is open, so why is Asia's economy still sinking?

Could the UAE's shock exit from OPEC ultimately save Asia's economy from collapse?

Will this crisis finally force Asia to abandon its dependency on fossil fuels?

Is the Middle East energy conflict creating an unavoidable global food catastrophe?