Dominican Republic Inflation September 2019

Dominican Republic

Dominican Republic: Inflation rises in September but remains below the Central Bank's target range

October 14, 2019

Consumer prices rose 0.38% in September over the prior month, up from August’s 0.34% uptick. September’s reading was driven by higher prices for food and non-alcoholic beverages, and education.

Inflation rose from 1.7% in August to 2.0% in September, the highest reading since November 2018 but still below the Central Bank’s inflation target range of 3.0%–5.0%. Core inflation—which excludes volatile items such as certain types of food, fuel and administered prices—was stable at 2.1%.

Recent monetary easing has stoked price pressures in past months, and should continue to boost inflation moving forward, along with a weaker peso and a more favorable base effect.

FocusEconomics Consensus Forecast participants expect inflation to end 2019 at 2.8%. The panel projects inflation to end 2020 at 3.3%.


Author:, Economist

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Dominican Republic Inflation Chart


Dominican Republic Inflation September 2019

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


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