According to preliminary Central Bank estimates for the second quarter, GDP increased 3.8% over the same period last year, mirroring the result recorded in the previous three-month. At the sector level, the industrial sector moderated to a 0.5% annual expansion, down from the 2.9% rise recorded in the previous quarter. The result was compensated by a strong acceleration in agriculture, which expanded 8.9% year-on-year (Q1: +2.3% yoy), and an improvement in services, which added 4.4% (Q1: +4.0% yoy).
Dominican Republic GDP
GDP growth stable in Q2
August 31, 2012
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Dominican Republic Economic News
October 21, 2016
The economy grew 5.8% in the third quarter of the year in annual terms, according to preliminary data from the Central Bank.
October 10, 2016
In September, consumer prices increased 0.04% from the previous month, which contrasted the 0.06% decline observed in August.
October 4, 2016
In August, economic activity increased 5.4% over the same month of last year, according to an estimate of the monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica).
October 3, 2016
According to detailed data from the Central Bank, the economy grew a robust 8.7% in the second quarter of the year, marking the best result since Q1 2010.
September 7, 2016
In August, consumer prices declined 0.06% over the previous month, which contrasted the 0.19% rise observed in July and marked the lowest reading in four months.