2023News

October was a good month for the Dominican economy


The Central Bank reports that October is the best month so far in 2023, as revealed by the Monthly Indicator of Economic Activity (IMAE) index. Growth in October was 3.6%, exceeding the 3.1% growth in September 2023.

So far in 2023, the IMAE has been: January: 0.4%, February 1.8%, March 2.1, April 0.3%, May 2.4%, June 0.1%, July 2.9%, August 2.0%, September 3.1% and October 3.6%.

The Central Bank reports that the dynamic tourism sector boosted the economy, followed by increases in construction and agriculture activities in October.

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Central Bank

27 November 2023