ASEAN+3 Finance Process

Quarterly Update of the ASEAN+3 Regional Economic Outlook (AREO) – July 2026

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BLOG

Philippines at Mid-Year: Three Headwinds, Three Tailwinds

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WORKING PAPER

Inflation Dynamics under Global Supply Chain Disruptions in a Small Open Economy: The Role of Trade Vulnerability, Shock Volatility, and Monetary Policy Stance

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BLOG

Asia’s Real Energy Test

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AMRO ANNUAL REPORT 2025

Resilience Through Regional Integration

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One Decade. One Region. One Voice for ASEAN+3

About AMRO
Videos
Watch: AMRO at I0: One Decade. One Region. One Voice for ASEAN+3
Ten years ago, AMRO became an international organization–a milestone that strengthened our independence and deepened our professionalism in serving ASEAN+3 as a trusted policy advisor.
Annual Reports
AMRO Annual Report 2025: Resilience Through Regional Integration
The 2025 Annual Report highlights the key macroeconomic and financial developments of 2025 and showcases how AMRO has contributed to advancing the region’s long-term resilience through regional integration.
Annual Consultation Reports
AMRO’s 2026 Annual Consultation Report on Malaysia
Malaysia's economy remains resilient despite a challenging external environment marked by rising trade protectionism and geopolitical tensions.

Regional Knowledge Hub

Cooperation, Enhancement, Innovation

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ASEAN+3 Regional Economic Outlook Update, July 2026

ASEAN+3 Growth Forecast Raised on Stronger AI Demand

In the July 2026 quarterly update of the AREO, AMRO projects the ASEAN+3 region to grow by 4.1 percent in 2026, up from its June forecast of 4.0 percent, before moderating slightly to 4.0 percent in 2027. Headline inflation is projected at 1.6 percent in 2026, down from 1.8 percent previously, reflecting lower global commodity price assumptions.

The upgraded outlook reflects sustained momentum in the region’s technology sector, particularly robust demand for semiconductors and other AI-related products, alongside a more favorable global commodity price outlook.

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Publications and Blogs

ASEAN+3 Regional Economic Outlook
Quarterly Update of the ASEAN+3 Regional Economic Outlook (AREO) – July 2026
In the July 2026 quarterly update of the AREO, AMRO projects ASEAN+3 growth at 4.1 percent and inflation at 1.6 percent.
Blogs
Philippines at Mid-Year: Three Headwinds, Three Tailwinds
The Philippine economy entered 2026 on weaker footing than many anticipated. Growth slowed for a third consecutive quarter to 2.8 percent in the first quarter, while inflation remained elevated at 6.4 percent in June.
Working Papers
Inflation Dynamics under Global Supply Chain Disruptions in a Small Open Economy: The Role of Trade Vulnerability, Shock Volatility, and Monetary Policy Stance
This working paper examines the transmission of global supply-chain disruptions to inflation in small open economies.

News and Media

Get the latest updates on ASEAN+3 macroeconomic and financial developments and learn more about AMRO’s activities.

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Videos
Watch Press Briefing: ASEAN+3 Regional Economic Outlook (AREO) Update, July 2026
Watch the press briefing of the latest update of ASEAN+3 Regional Economic Outlook.
Press Releases
ASEAN+3 Growth Forecast Raised on Stronger AI Demand
The ASEAN+3 region is projected to grow by 4.1 percent in 2026 and inflation is projected at 1.6 percent in 2026.
Events
AMRO Cafe Seminar:  Who Takes the Hit? The Uneven Impacts of Generative AI on Labor Demand Across Countries
The July edition of the AMRO Cafe Seminar features the paper “Who Takes the Hit? The Uneven Impacts of Generative AI on Labor Demand Across Countries,” by Dr. Shu Yu of the World Bank and Dr. Xianguo (Jerry) Huang of AMRO.
Events
AMRO Cafe Seminar Series
The AMRO Café is a recurring seminar series that serves as a platform for intellectual exchange on frontier research, emerging policy issues, and evolving trends shaping the global and regional macro-financial landscape. It aims to promote continuous learning, stimulate interdisciplinary dialogue, and support evidence-based policymaking across the organization.

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