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Friday, September 22 2017 @ 08:07 PM AST

Moody's sees Dominican Republic economy growing 5.5% in 2017-18

"Last Wednesday, the Dominican Republic (Ba3 stable) central bank announced that the country’s gross domestic product (GDP) growth had decelerated to 4% in the first six months of 2017, well below the 7.4% in the same period last year. We expect GDP growth to average 5.5% in 2017-18, down from 6.6% in 2016," said Moody's today in its weekly market outlook.

SOURCE: Moody's Investors Service

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