Dominican Republic: Economic activity growth eases in April
Latest reading: Economic activity rose 1.7% in year-on-year terms in April, which was a deterioration from March’s 5.4% increase. According to preliminary data, the deceleration stemmed from cooling growth in the manufacturing sector, coupled with weaker construction output. That said, the agricultural and services sectors maintained momentum.
Meanwhile, the trend pointed down, with the annual average growth of economic activity coming in at 3.9% in April, down from March’s 4.5%. On a seasonally adjusted month-on-month basis, economic activity rose 0.22% in April (March: -0.20% mom s.a.).