Dominican Republic: Economic activity expands at slowest rate in nearly two years in April
July 9, 2015
In April, economic activity increased 6.1% 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 6.4% increase observed in the previous month and marked the slowest increase since August 2013.
In addition, the trend deteriorated in April, with annual average growth in economic activity inching down from 7.1% in March to 6.9%, thus reaching the lowest value in nearly a year.
Author: Dirina Mançellari, Senior Economist