Weekly Report - 27 October 2016 (WR-16-42)

DOMINICAN REPUBLIC | Economy booming. The Dominican economy grew by 6.9% in the first nine months of 2016, while inflation stood at 0.35%, the governor of the central bank (BC), Héctor Valdez Albizu, announced this week. In a speech marking the 69^th anniversary of the BC’s creation, Valdez said that real GDP growth was driven by mining (22.3%), construction (12.2%), agriculture (10.6%), financial intermediation (10.4%), and health (8.2%), with commerce (6.7%) and manufacturing (5.3%) also growing at a fast rate.

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