Macroeconomic Forecast Dominican Republic

Record high global commodity prices during the first half of 2008 have seen the Dominican Republic's import growth spiral out of proportion during the first five months of the year to 38.8% y-o-y, more than doubling from 16.4% during the same period in 2007. During the first five months of 2008 imports reached US$5.8bn in value terms, while exports for the same period remained mostly flat at US$2.9bn.

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