Pacific Economic Monitor: July 2017

Asian Development Bank (2017-07-01). Pacific Economic Monitor: July 2017 (Report). Manila, Philippines: Asian Development Bank. doi:10.22617/TCS178924-2. ISBN 978-92-9257-889-3.

Abstract: Economic indicators 28 Highlights Uneven commodity price trends amid global economic uncertainties. Although growth in the world economy is seen to accelerate through 2017 and 2018, potential shifts in trade policies of some advanced economies underpin a more guarded outlook. Price prospects for Pacifi c exports are mixed, while inbound tourism appears to be slowing. Enhancing connectivity. To help overcome 2 Highlights FSM = Federated States of Micronesia, GDP = gross domestic product, p = projection, RMI = Republic of the Marshall Islands. Notes: Projections are as of July 2017 and refer to fiscal years. Regional averages of GDP growth and inflation are computed using weights derived from levels of gross national income in current US dollars following the World Bank Atlas method. Averages for Pacific islands exclude Papua New Guinea and Timor-Leste. Timor-Leste's GDP is exclusive of the offshore petroleum industry.

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