Dominican Republic

Dominican Republic Inflation November 2022

Dominican Republic: Inflation falls to lowest level since February 2021 in November

Inflation came in at 7.6% in November, down from Octobers 8.2%. November’s figure marked the weakest inflation rate since February 2021. Looking at the details of the release, the change in prices for food was broadly steady in November while prices for transport increased at a softer rate. Meanwhile, recreation and culture price growth softened.

Meanwhile, the trend was stable; annual average inflation was unchanged at October’s 8.9% in November. Meanwhile, core inflation fell to 6.6% in November, from the previous month’s 6.9%.

Finally, consumer prices increased 0.47% from the previous month in November, picking up from the 0.28% rise logged in October. November’s figure was the highest reading since July.

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