Money in Dominican Republic
Dominican Republic - MoneyThe economy continues to perform well heading into the third quarter. In July, tourist inflows were solid—particularly from the U.S.—while economic activity growth was elevated, thanks to the duty-free manufacturing, construction and commerce sectors. These drivers also underpinned the rapid expansion in the second quarter, which is likely to be the fastest in the region. The strong economic performance is filling the public coffers. Tax revenues were above budgeted estimates in H1 according to the Central Bank which, coupled with contained spending, led to a small fiscal surplus in the same period. On the downside, the external sector has softened so far this year, as markedly higher international oil prices have caused imports to rise and the trade deficit to widen.
Dominican Republic - Money Data
|Money (annual variation in %)||11.7||11.5||11.6||11.0||11.3|
5 years of economic forecasts for more than 30 economic indicators.
Dominican Republic Money Chart
Source: Dominican Republic Central Bank.
Dominican Republic Facts
|Exchange Rate||49.84||0.80 %||Sep 20|
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August 31, 2018
Consumer prices fell 0.02% in July over the previous month, contrasting June’s 0.21% rise.
August 7, 2018
The Dominican Republic’s economy continued to accelerate in June, with economic activity rising 7.3% according to the Central Bank’s monthly indicator for economic activity (IMAE, Indicador Mensual de Actividad Económica).
August 1, 2018
According to a preliminary estimate released by the Central Bank on 1 August, the economy expanded 7.1% in Q2 in annual terms, up from Q1’s 6.4% increase.
July 11, 2018
Consumer prices rose 0.21% in June over the previous month, down from May’s 0.26% rise.
June 28, 2018
The Dominican Republic’s economy continued its strong trajectory in May, with economic activity rising 6.4% according to the Central Bank’s monthly indicator for economic activity (IMAE, Indicador Mensual de Actividad Económica).