Argentina:
Inflation came in at 124.4% in August, up from July’s 113.4%. August’s figure represented the highest inflation rate since our...
Inflation in Dominican Republic
Consumer price inflation in the Dominican Republic averaged 4.0% in the ten years to 2022, which is above the Central America and Caribbean regional average of 3.4%. The 2022 average figure was 8.8%. For more inflation information, visit our dedicated page.
Dominican Republic Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Dominican Republic from 2020 to 2015.
Source: Macrobond.
Dominican Republic Inflation Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 1.8 | 3.8 | 8.2 | 8.8 | 4.8 |
| Inflation (CPI, ann. var. %, eop) | 3.7 | 5.6 | 8.5 | 7.8 | 3.6 |
Inflation increases to highest level since December 2023 in June
Inflation rose to 3.5% in June, up from May’s 3.2%. June's reading represented the highest inflation rate since December 2023. The uptick was primarily driven by rising prices for food. In addition, price pressures for transport grew at a quicker pace. Annual average inflation was unchanged at May's 3.7% in June. Additionally, core inflation was stable, coming in at May's 4.0% in June. Finally, consumer prices increased 0.48% in June over the previous month, swinging from the 0.04% fall seen in May. June's figure marked the sharpest increase in prices since December 2023.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Dominican inflation projections for the next ten years from a panel of 15 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Dominican inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Dominican inflation projections.
Want to get access to the full dataset of Dominican inflation forecasts? Send an email to info@focus-economics.com.
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