Asia Defies Slowdown Fears as AMRO Lifts Economic Growth Outlook

Motorcyclists and trucks in Binh Duong City in Vietnam.Photographer: Linh Pham/Bloomberg

Economic growth across Asia is set to come in stronger than expected this year and next, according to a regional research group, as local demand and a rush to get ahead of tariffs boosted activity.

The region is likely to grow 4.1% this year and 3.8% in 2026, according to a report published Thursday by the ASEAN+3 Macroeconomic Research Office, or AMRO. That compares with July estimatesBloomberg Terminal for 3.8% and 3.6%, respectively, and a 4.3% pace of growth last year.