(Reuters) - Growth in most of Asia will cool this year because of tighter credit conditions and a slowdown in advanced economies, although inflation may take longer to subside, the World Bank said in a report on the global economy on Wednesday.
After a torrid 2010, some moderation was welcome in order to ease food and energy price pressures that hit low-income households especially hard, the World Bank said.
After a torrid 2010, some moderation was welcome in order to ease food and energy price pressures that hit low-income households especially hard, the World Bank said.