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Insidecostarica.com - San José, Costa Rica  - Tuesday 28 June  2005

 

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  Security forces free 43 kidnap victims in Mexico
  Bolivian president appoints special delegate on anti-corruption
  PETROCARIBE, a Step toward Regional Integration
  Inflation Falls in the Dominican Republic
  Anniversary of Elian´s Return Celebrated in Cuba


Inflation Falls in the Dominican Republic
The Dominican Central Bank has reported the inflation rate during the first five months of the ongoing year went down to 0.77 percent, a drastic drop from the elevated numbers of 2004.

During the same five month spam in 2004, inflation had reached 28.53 percent, finishing the year at 28.73 percent. The Central Bank reports the country is well on the road to finish the year with single-digit inflation.

Additional data shows that during the 12 months between May 2004 and May 2005, inflation did not surpass 1 percent. IMF goals call for keeping inflation below 10 percent this year.

 




 

 
   

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