Dominican Republic: Economic activity slows in September
Latest reading: Economic activity rose 1.1% on a year-on-year basis in September, following a 1.5% rise in the previous month. Absent a detailed breakdown, the moderation likely stemmed from ramped up deportations of Haitian workers, which have sparked labor shortages across the agricultural, construction and manufacturing sectors so far this year. Moreover, slowing growth in tourist arrivals will have weighed on the services sector.
In month-on-month terms, economic activity declined 0.7% in September, following a 0.9% drop in the previous month.