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Asia Pacific Economic overview

September 2018

Stable growth is forecast for Asia’s major economies, with India continuing to lead the pack.

India’s economy is forecast to expand by 7.3% this year and 7.6% next year, the highest level of growth in the Asia Pacific region. Growth will be supported by changes in taxes and strong private investment. Although India is not the only major Asian economy forecast to achieve greater levels of growth in 2018 than it did in 2017, the rate of its expansion will outpace growth seen elsewhere. India’s strong...