In May, consumer prices fell 0.27% over the previous month, contrasting the 0.01% rise seen in April and marking the lowest reading since December 2008. The drop was driven by a decrease in prices for food and non-alcoholic beverage as well as for recreation and culture. As a result, annual headline inflation dropped from 4.0% in April to 3.5% in May, which marks the lowest rate since October 2009.At the current level, inflation sits below the 1.0 percentage point tolerance margin around the Central Bank
Dominican Republic Inflation
Central Bank cuts interest rates
June 14, 2012
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Dominican Republic Inflation Chart
Note: Annual and monthly variation of consumer price index in %.
Source: Dominican Republic Central Bank.
Dominican Republic Economic News
October 21, 2016
The economy grew 5.8% in the third quarter of the year in annual terms, according to preliminary data from the Central Bank.
October 10, 2016
In September, consumer prices increased 0.04% from the previous month, which contrasted the 0.06% decline observed in August.
October 4, 2016
In August, economic activity increased 5.4% over the same month of last year, according to an estimate of the monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica).
October 3, 2016
According to detailed data from the Central Bank, the economy grew a robust 8.7% in the second quarter of the year, marking the best result since Q1 2010.
September 7, 2016
In August, consumer prices declined 0.06% over the previous month, which contrasted the 0.19% rise observed in July and marked the lowest reading in four months.