Emerging Asia to outperform global peers

Wednesday, 19 December 2012 01:16 - - {{hitsCtrl.values.hits}}

Fitch expects emerging Asia’s macroeconomic performance as a region to outperform global peers. Emerging Asia is projected to remain the fastest-growing global region, with growth of 6%-6.5% a year until 2014.

Even excluding still fast-growing China (constituting 48% of emerging Asia’s overall GDP), the rest of the region is expected to grow 5%1 in 2012, picking up to 5.5% in 2013 and 6% in 2014, outpacing global emerging markets as a whole. Inflation for the whole region is expected to average 3.7% a year in 2012-2014, close to the 2001-2011 average of 3.6% and below the average for all emerging markets of 4.8% a year.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.