IPC June 2017
M1 and M2 July 2017
Private Sector lending July 2017
With the central bank focused on keeping in check the main monetary aggregates a moderate groth rate of manufacturing activity is not surprising: the IMAE index indicating a 4 to 5% growth rate well be low last year average.
IMAE index July
The Jan 27 5.95% USD bond of the Dominican Republic is well bid trading around a 5.18% yield level signaling good market confidence and optimism in the Dominican Republic: the yield is higher than last month but this is the result of year US long term rates with the spread over the US treasury stable at approximately 290/300 basis points.
2027 Dominican Sovereign Bond
Good news from airport arrivals and extrenal remittances both solidly up from last year:
Tourist Airport arrivals keep growing at approximately 6% on an annual basis
I quarter remittances up almost 15% vs last year