The International Monetary Fund has revised its 2019 projected real GDP growth rate for the Dominican Republic. This is now at 5.1%, compared to an earlier estimate of 5.5%. This is down from growth in 2018 that at 7% was the highest in the Americas. The data is contained in the World Economic Outlook Report issued by the IMF on 10 April 2019. <\/p>\n\n\n\n
Likewise, it has reported a projected consumer prices rate of 1.4%, significantly lower than the forecasted inflation rate of 4%. This is up from 1.2% at year\u2019s end 2018. The Central Bank reported first quarter 2019 inflation of 0.86%. <\/p>\n\n\n\n
The slowdown is comparable with global forecasts in general. The IMF report states: \u201cAfter strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of last year, reflecting a confluence of factors affecting major economies. Global growth is now projected to slow from 3.6 percent in 2018 to 3.3 percent in 2019, before returning to 3.6 percent in 2020.\u201d<\/p>\n\n\n\n
Read more: 11 April 2019<\/p>\n","protected":false},"excerpt":{"rendered":" The International Monetary Fund has revised its 2019 projected real GDP growth rate for the Dominican Republic. This is now at 5.1%, compared to an earlier estimate of 5.5%. This is down from growth in 2018 that at 7% was the highest in the Americas. The data is contained in the World Economic Outlook Report … <\/p>\n
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