(Bloomberg) --Economic growth across Asia is expected to remain subdued despite a modest improvement in outlook, as lingering disruptions from the conflict in the Middle East continue to weigh on supply chain and production costs, according to the Asian Development Bank.
The Manila-based bank forecast the region’s economy will expand 4.9% in 2026, up from the 4.7% estimate in a special update issued after the Middle East conflict disrupted global energy markets. The projection remains below the 5.1% estimate in the bank’s regular April Asian Development Outlook.
