MANILA, May 3 (Reuters)- East Asian economies are expected to grow faster than previously thought this year, the ASEAN +3 Macroeconomic Research Office (AMRO) said on Thursday, driven by strong domestic demand, solid exports and stable inflation. (cnbc.com)
While strong domestic demand continues to support import growth, global demand has turned decisively in recent months and drought conditions have subsided, prompting some recovery in export volumes. (rba.gov.au)
Despite strong domestic demand for inputs and reports of upward pressure on costs from exchange rate depreciation, October data indicated a further moderation in overall purchase price inflation. (rbc.com)