1945

Owing to the deceleration of worldwide economic activity observed during the second semester, the Dominican economy expanded by 5.3% in 2008, less than the 9.5% average recorded over the last three years. The inflation rate stood at 14.6% in September but, as a result of the monetary policies applied and the drop in commodity prices, inflation fell during the last quarter and closed the year at 4.5%.

Countries: Dominican Republic
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