Inflation in Dominican Republic

Dominican Republic - Inflation
Inflation moderates in May
Consumer prices increased 0.49% from the previous month in May, easing from April’s 0.96% rise. Looking at the details of the release, recreation and culture prices rebounded in April, while price pressures for food and non-alcoholic beverages picked up.
Inflation came in at 9.5% in May, which was down from April’s 9.6% which had marked the highest inflation rate since May 2021. Meanwhile, the annual average inflation came in at 8.6% in May (April 8.7%).
FocusEconomics panelists project inflation to end 2022 at 8.0%, which is down 0.3 percentage points from last month’s forecast, and 2023 at 6.1%.
Dominican Republic - Inflation Data
2015 | 2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|---|
Inflation Rate (CPI, annual variation in %) | 0.8 | 1.6 | 3.3 | 3.6 | 1.8 |
Dominican Republic Inflation Chart

Source: Dominican Republic Central Bank and FocusEconomics calculations
Dominican Republic Facts
Value | Change | Date | |
---|---|---|---|
Exchange Rate | 52.96 | 0.80 % | Jan 01 |
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Economic News
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Dominican Republic: Central Bank continues tightening cycle in July
July 31, 2022
At its 31 July meeting, the Central Bank of the Dominican Republic (BCRD) raised its policy rate by 50 basis points to 7.75%.
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Dominican Republic: Central Bank continues tightening cycle in June
June 30, 2022
At its 30 June meeting, the Central Bank of the Dominican Republic (BCRD) raised its policy rate by 75 basis points to 7.25%.
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Dominican Republic: Inflation moderates in May
June 10, 2022
Consumer prices increased 0.49% from the previous month in May, easing from April’s 0.96% rise.
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Dominican Republic: Inflation moderates in May
June 9, 2022
Consumer prices increased 0.49% from the previous month in May, picking up from April’s 0.96% rise.
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Dominican Republic: Economic activity growth slows in April
June 3, 2022
Economic activity increased 4.7% in year-on-year terms in April, which was below March’s 6.4% increase.