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Dominican Republic: Dominican economy fell -7.1% in June, but recovery looms

Santo Domingo.- The Dominican economy fell -7.1% in June, accumulating a decrease of -8.5% in the first half of this year, evidencing the serious effects of Covid-19 in the country.

That behavior is seriously less than the positive growth of 4.7% registered by the local GDP in the past year.

The figure for June however is less catastrophic than the -29.8% in April (the harshest month in the quarantine), and the -13.6% in May, which indicates that the country’s economic activities show signs of recovery.

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