Dominican Republic Economic Activity November 2015

Dominican Republic

Dominican Republic: Economic activity accelerates slightly in November

January 13, 2016

In November, economic activity increased 6.5% over the same month of the previous year, according to an estimate of the monthly indicator for economic activity (IMAE, Indice Mensual de Actividad Economica). The expansion was slightly above the 6.4% increase observed October.

However, the trend worsened slightly in November, with annual average growth in economic activity inching down from 6.9% in October to 6.8% in November.

FocusEconomics Consensus Forecast participants see the economy growing 3.8% in 2016, which is unchanged from last month’s forecast. For 2017, panelists expect economic growth to pick up to 4.0%.

Author:, Senior Economist

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Dominican Republic Economic Activity Chart

DominicanRepublic Economic Activity November 2015 0

Note: Year-on-year changes and annual average variation of trend-cycle economic activity in %.
Source: Dominican Republic Central Bank and FocusEconomics calculations.

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