Dominican Republic: Economic activity in May expands at slowest rate in nearly two years
August 6, 2015
In May, 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 May, with annual average growth in economic activity inching down from 7.0% in April to 7.0%, thus reaching the lowest value in a year.
Author: Dirina Mançellari, Senior Economist