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TABLE-World Bank cuts East Asia growth outlook
SINGAPORE, Oct 8 (Reuters) - The World Bank on Monday cut
its 2012 growth forecast for developing East Asia amid a
slowdown in China but said economic activity in the region will
likely pick up next year.
The bank maintained its 2012 GDP forecasts for Indonesia and
Thailand, and raised the outlook for Malaysia and the
Philippines.
For a related story, see:
GDP growth projections:
(previous forecasts in parenthesis)
2011 2012 2013
(actual)
East Asia 7.1 6.0 (6.3) 6.6 (7.0)
Developing East Asia 8.3 7.2 (7.6) 7.6 (8.0)
China 9.3 7.7 (8.2) 8.1 (8.6)
Indonesia 6.5 6.1 (6.1) 6.3 (6.4)
Malaysia 5.1 4.8 (4.6) 4.6 (5.1)
Philippines 3.7 5.0 (4.2) 5.0 (5.0)
Thailand 0.1 4.5 (4.5) 5.0 (5.0)
Vietnam 5.9 5.2 (5.7) 5.7 (6.3)
Cambodia 6.9 6.6 (6.6) 6.7 (6.7)
Fiji 2.0 2.2 (1.5) 2.2 (1.7)
Laos 8.0 8.2 (8.3) 7.5 (7.5)
Mongolia 17.3 11.8 (17.2) 16.2 (11.8)
Myanmar 5.3 5.5 (na) 6.2 (na)
Papua New Guinea 9.0 7.5 (7.0) 4.0 (5.0)
Solomon Islands 9.0 6.0 (6.0) 4.0 (4.0)
Timor Leste 10.6 10.0 (10.0) 10.0 (10.0)
Developing East Asia 4.3 5.3 (na) 5.5 (na)
excluding China
(Reporting by Kevin Lim; Editing by John Mair)
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