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Economy & Business - February 2007
DOMINICAN REPUBLIC: Inflation still falling
The central bank reported that inflation in January was 0.93%. This was well below the rate for January 2006 which was 1.55%.
The January 2007 rate was well below what the central bank had estimated. It had forecast a rate of between 1.50% and 2.0%. The January inflation rate means that the country is on course for a rate of between 4% and 6%, as specified in the agreement with the
IMF.
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