The Central Bank reported yesterday that in the first three quarters of 1998, the Dominican Republic’s Gross Domestic Product (GDP) grew 6.8%, in line with the Bank’s projection of a 7% growth rate for the entire year. According to the Bank, the sectors experiencing the most growth so far in 1998 are: communications, 19%; manufacturing, 17.1%; water and electricity, 17%; commerce, 14%; tourism, 7.1%. The Bank said that for the year ending in September, Dominican inflation was just 2.91%, one of the lowest inflation rates in Latin America.
