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LatinNews Daily - 07 May 2024

In brief: Dominican Republic hails drop in inflation

*The Dominican Republic’s central bank (BCRD) has released new figures which show that monthly inflation stood at -0.10% in April while the annual rate was 3.03%. According to the bank the year-on-year rate is the lowest of the last 46 months and is within the bank’s target range of 4.0% +/-1.0. The latest figures are down from monthly inflation of 0.30% in March when the annual rate was 3.38%. The BCRD points out that the Dominican Republic’s annual inflation rate remains among the lowest in the region, bar those with dollarised economies (Panama, Ecuador, and El Salvador).

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