Dominican Republic Inflation April 2022

Dominican Republic

Dominican Republic: Inflation comes in at highest level since May 2021 in April

May 15, 2022

Consumer prices increased 0.96% from the previous month in April, picking up from March's 0.67% rise. Looking at the details of the release, recreation and culture prices rose rebounded in April after dropping in the previous month and , while price pressures for transport easedfood and non-alcoholic beverages picked up.

Inflation came in at 9.6% in April, which was up from March’s 9.1%. April's reading marked the highest inflation rate since May 2021. Meanwhile, the trend was unchanged, with annual average inflation coming in at March's 8.7% in April. Finally, .

FocusEconomics panelists project inflation to end 2022 at 8.3%, which is up 1.6 percentage points from last month’s forecast, and 2023 at 6.3%.


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Dominican Republic Inflation Chart

Dominican Republic Inflation April 2022 0

Note: Annual and monthly variation of consumer price index in %.
Source: Dominican Republic Central Bank.

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