Dominican Republic

Dominican Republic Inflation February 2022

Dominican Republic: Inflation rises in February

Consumer prices rose 0.92% from the previous month in February, lower than the 1.18% rise logged in January. The lower print owed itself in large part to weaker food and transport price pressures.

Inflation rose to 9.0% in February, following January’s 8.7%. Annual average inflation edged up to 8.6% in February (January: 8.5%). Finally, core inflation was stable in February at 7.0%.

Inflation should soften in 2022 from current levels as supply constraints ease, energy prices moderate, and the country recovers from its recent swine fever outbreak, bringing down domestic food price pressures.

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