Economy at first half up 4%; inflation 1.02%; jobless 5.4%

Santo Domingo.- Central banker Hector Valdez Albizu on Wed. said the economy grew 4% in the first half, with inflation of 1.02%, while annualized inflation stood at 2.55%

The official said the jobless rate stood at 5.4% from April to June, or two percentage points lower compared to the same period of 2016.

In a press conference, Valdez said preliminary figures show that economic activities performed positively at the end of the first half, especially real estate (3.7%), mining (3.7%), retail (3.1%) and education (2.6%).

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