Inflation in Dominican Republic

Dominican Republic Inflation | Economic News & Forecasts

Dominican Republic - Inflation

Inflation moves further within target range in December

Consumer prices rose 0.20% in December over the prior month, down from November’s 0.37% rise. December’s reading was chiefly driven by higher prices for housing, and recreation and culture.

Inflation rose to 3.7% in December from 3.2% in November, remaining within the Central Bank’s 3.0%-5.0% target range for the second straight month. However, core inflation—which excludes volatile items such as certain types of food, fuel and administered prices—was notably lower at 2.2%.

Inflation is seen remaining in the target range in 2020, supported by solid economic growth and a weaker peso.

FocusEconomics Consensus Forecast participants expect inflation to end 2020 at 3.2%, which is unchanged from last month’s forecast, and 2021 at 4.1%.

Dominican Republic - Inflation Data

2013  2014  2015  2016  2017  
Inflation Rate (CPI, annual variation in %)4.8  3.0  0.8  1.6  3.3  

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Dominican Republic Inflation Chart

Dominican Republic Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Dominican Republic Central Bank and FocusEconomics calculations

Dominican Republic Facts

Exchange Rate52.960.80 %Jan 01

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