Dominican Republic: Economy accelerates in Q3
November 4, 2015
According to preliminary data from the Central Bank, the economy grew 7.1% in third quarter, thus bringing the accumulated growth rate for the first nine months of the year to 6.7%.
Q3’s expansion was an improvement over the 6.2% increase seen in the previous quarter and marked the fastest rise in over a year. According to the Central Bank, the encouraging figure came on the back of an increase in almost all sectors of the economy.
Author: Dirina Mançellari, Senior Economist