Dominican Republic

Inflation in Dominican Republic

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

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