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LatinNews Daily - 27 June 2025
In brief: Dominican Republic posts strong economic activity
*The Dominican Republic’s central bank (BCRD) has released new figures which show that the country’s monthly index of economic activity (Imae) was up 3.1% in May year-on-year. This marks a greater yearly rise than the 1.7% increase registered in April. According to the BCRD, growth was driven by mining (+21.0% year-on-year), agriculture (+5.4%), local manufacturing (+2.8%), and construction (1.9%). Of the main sectors, only free zone manufacturing posted a decline (-0.4%). The latest growth forecast by the United Nations Economic Commission for Latin America & the Caribbean (Eclac), released at the end of April, projects that the Dominican Republic’s economy will expand 4.5% in 2025 – the highest in Central America – although this would be down from 5.0% in 2024.
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