Dominican Republic: Inflation rises further in August
September 10, 2020
Consumer prices rose 0.78% over the prior month in August, down from July’s 1.88% rise. August’s reading was driven by significantly higher food and transport prices.
Inflation rose from 4.3% in July to 4.8% in August, but remained within the Bank’s 3.0%–5.0% target range. Core inflation—which excludes volatile items such as certain types of food, fuel and administered prices—was up from 4.1% to 4.2%.