Dominican Republic: Inflation rises in March
April 12, 2022
Consumer prices rose 0.67% from the previous month in March, coming in below the 0.92% rise recorded in February. March's result marked the weakest reading since October 2021. The government’s freezing of fuel prices—in place for several weeks—has helped keep a lid on price pressures despite red-hot oil prices.
Inflation came in at 9.1% in March, up from February’s 9.0%. March's reading represented the highest inflation rate since June 2021. Annual average inflation rose to 8.7% in March (February: 8.6%). Finally, core inflation was unchanged, coming in at February's 7.0% in March.