*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 2.9% in July in annual terms, up from the 1.1% registered in June but less than the 3.1% registered in May. According to the BCRD, July growth was driven by mining (+21.0% year-on-year), free zone manufacturing (+7.1%), construction (+3.8%), and services (+2.7%). The latest growth forecast by the United Nations Economic Commission for Latin America & the Caribbean (Eclac), released on 5 August, predicts that the Dominican Republic’s economy will expand 3.7% in 2025, down from 5.0% in 2024.
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