A Year Of Political Definitions

DOMINICAN REPUBLIC - Report 16 Jan 2015 by Pavel Isa Contreras and Fabricio Gomez
Executive Summary Preliminary figures from the Central Bank indicate that GDP growth for 2014 exceeded expectations.It recorded an increase of 7.1% compared to 2013, the highest in Latin America. All economic sectors registered growth. The leading activities were mining (20.9%), construction (11.4%) and tourism (7.9%) In December, prices recorded a decline of 0.70%. Year-over-year inflation closed at 1.58%, the lowest since 1986, and the second lowest in the region in 2014. This was largely influenced by the reduction of oil prices. CAD fell by one percentage point of GDP in 2014 compared t...

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