AI is keeping Asia afloat as inflation weighs it down: Moody’s Analytics

Moody's Analytics says that Artificial Intelligence is helping to support the economies of Asia despite the challenges posed by inflation. This is because AI-driven export demand is providing a boost to the region's economies. However, domestic consumption and business activities are being hindered by inflation and high interest rates, which are weighing down growth in many countries. As a result, economies in the Asia-Pacific region are diverging, with some doing better than others.

Why it matters

Moody's Analytics says AI-driven export demand is helping Asian economies. However, domestic consumption and business activity are still under pressure from inflation.

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