Dominican Republic: Economic activity decelerates further in March
June 11, 2015
In March, economic activity increased 6.0% over the same month last year, according to the monthly indicator for economic activity (IMAE, Indice Mensual de Actividad Economica). The expansion was a slight slowdown over the 6.2% increase observed in the previous month and marked the slowest increase since July 2013.
In addition, the trend deteriorated in March, with annual average growth in economic activity inching down from 7.1% in February to 7.0%, thus reaching the lowest value in 10 months.
Author: Dirina Mançellari, Senior Economist