Dominican Republic: Inflation dips in July
Latest reading: Inflation came in at 3.4% in July, down from June’s 3.6% and marking the weakest inflation rate since January. Looking at the details of the release, prices for food grew at the lowest rate since January, while price growth for transport plus housing and utilities strengthened from June.
Accordingly, the trend pointed down slightly, with annual average inflation coming in at 3.4% in July (June: 3.5%). Meanwhile, core inflation was stable, coming in at June’s 4.2% in July.
Finally, consumer prices rose 0.38% over the previous month in July, picking up from the 0.21% increase seen in June. July’s uptick marked the highest reading since December 2024.