Dominican Republic Inflation

Inflation rises further above threshold in June

Latest reading: Consumer prices rose 5.7% in annual terms in June, following a 5.3% increase in the previous month. June's reading was the strongest since March 2023 and edged up further above the Central Bank’s 3.0–5.0% target range. Relative to the prior month's data, there were higher price pressures for food and non-alcoholic beverages (+7.0% on a year-on-year basis vs +6.6% in May) and transport (+8.4% vs +7.5% in May). In contrast, there were reduced price pressures for housing and utilities (+2.5% vs +2.6% in May) and recreation and culture (+2.2% vs +2.7% in May). Meanwhile, core consumer prices increased 5.0% in annual terms in June, following a 4.9% increase in the previous month. Lastly, consumer prices were up 0.51% in June in month-on-month terms, following a 0.31% increase in the prior month.

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