Dominican Republic Inflation
Inflation remains steady in July
Inflation held steady at June’s 4.0% in July. July’s result marked the weakest inflation rate since June 2020. Looking at the details of the release, recreation and culture prices rose at a quicker pace in July compared to the previous month, which were offset by price pressures for transport easing.
Still, the trend pointed down, with annual average inflation falling to 6.5% in July (June: 6.9%). Meanwhile, core inflation edged down to 5.1% in July, from June’s 5.3%.
Lastly, consumer prices increased 0.45% in July over the previous month, picking up from the 0.22% rise recorded in June. July’s result was the highest reading since January.
Dominican Republic Inflation Chart
This chart displays Inflation Rate (CPI, annual variation in %) for Dominican Republic from 2013 to 2022.
Dominican Republic Inflation Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 3.6 | 1.8 | 3.8 | 8.2 | 8.8 |
| Inflation (CPI, ann. var. %, eop) | 1.2 | 3.7 | 5.6 | 8.5 | 7.8 |