Timidly Recovering

DOMINICAN REPUBLIC - Report 14 Aug 2013 by Pavel Isa and Fabricio Gomez
Executive SummaryWe forecast a gradual recovery of domestic demand for H2, and a gradual rebound of GDP growth. Though 2013 growth is likely to come in at less 3%, Q3 and Q4 growth could climb to nearly 4%. Higher public spending, supported by greater public revenues from mining, and improved economic expectations, could expand demand further. Though inflation and the current account deficit may rise, and the currency could weaken, all of these indicators should remain under control, and within government targets.But new figures do confirm the depth and duration of economic activity sluggis...

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