In November, consumer prices increased 0.31% over the previous month, less than half the 0.67% rise recorded in October. The monthly increase reflected higher prices for housing as well as for healthcare. As a result of the more moderate rise in prices, annual headline inflation dropped from 6.2% in October to 5.4% in November. Owing to moderating inflation, at the latest meeting on 30 December, the Central Bank decided to keep the monetary policy rate unchanged at 5.00% for the second consecutive month. The Central Bank tightened its policy in October 2010, lifting the policy rate by 75 basis points, the first hike since September 2009. The Central Bank estimates that inflation ended 2010 at 6.2%, falling within the 6.0-7.0% target-range set for 2010. The Central Bank has set a lower 5.0%-6.0% target-range for 2011 and expects inflation to end the year within this range.
Dominican Republic Inflation
Central Bank leaves rates unchanged for second consecutive month
December 30, 2010
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Dominican Republic Economic News
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.
August 25, 2016
The economy grew 8.7% in the second quarter of the year in annual terms, according to preliminary data from the Central Bank.