The annual inflation rate in the Dominican Republic increased to 6.23 percent in January of 2021 from 5.55 percent in the previous month. It was the highest inflation rate since January of 2012, as prices advanced faster for food & non-alcoholic beverages (8.87 percent vs 8.36 percent in December); transport (9.36 percent vs 7.55 percent) and housing (6.29 percent vs 4.50 percent). On a monthly basis, consumer prices went up 0.97 percent, following a 0.48 percent increase in the prior month. source: Central Bank of Dominican Republic

Inflation Rate in Dominican Republic averaged 13.55 percent from 1984 until 2021, reaching an all time high of 82.49 percent in February of 1991 and a record low of -1.57 percent in September of 2009. This page provides - Dominican Republic Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.

Inflation Rate in Dominican Republic is expected to be 4.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Dominican Republic to stand at 3.50 in 12 months time. In the long-term, the Dominican Republic Inflation Rate is projected to trend around 3.20 percent in 2022, according to our econometric models.

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Dominican Republic Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.23 5.55 82.49 -1.57 1984 - 2021 percent Monthly
2019M10/2020M09=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-20 05:30 PM Oct 5.03% 5.03% 5.1%
2020-12-16 07:00 PM Nov 5.26% 5.03%
2021-01-15 04:30 PM Dec 5.55% 5.26% 5.3%
2021-02-15 07:00 PM Jan 6.23% 5.55% 5.7%
2021-03-12 05:00 PM Feb 6.23%
2021-04-15 09:30 PM Mar
2021-05-14 01:00 PM Apr
2021-06-15 02:00 PM May


News Stream
Dominican Republic Inflation Rate Hits 9-Year High
The annual inflation rate in the Dominican Republic increased to 6.23 percent in January of 2021 from 5.55 percent in the previous month. It was the highest inflation rate since January of 2012, as prices advanced faster for food & non-alcoholic beverages (8.87 percent vs 8.36 percent in December); transport (9.36 percent vs 7.55 percent) and housing (6.29 percent vs 4.50 percent). On a monthly basis, consumer prices went up 0.97 percent, following a 0.48 percent increase in the prior month.
2021-02-15
Dominican Republic Inflation Rate Highest in 7 Years
Prices of goods and services in the Dominican Republic increased 5.5% year-on-year in December of 2020, following a 5.26% increase in November. It is the highest inflation rate in since July of 2013, driven mostly by a rise in cost of food (8.36%) and transportation (7.55%), which account for roughly 40% of the CPI. On a monthly basis, consumer prices were up by 0.48%, slightly down from a 0.60% increase in the previous month.
2021-01-15
Dominican Republic Inflation Rises Further
The annual inflation rate in the Dominican Republic was at 5.26 percent in November 2020, up from 5.03 percent in the previous month. It remained the highest inflation rate since September 2013, as prices increased further for food & non-alcoholic beverages and services. Year-to-date, inflation stands at 5.05 percent compared to 3.45 percent in the first eleven months of the previous year. On a monthly basis, consumer prices went up 0.60 percent, after rising 0.66 percent in the prior month.
2020-12-16
Dominican Republic Inflation Rate Steady at 5% in October
The annual inflation rate in the Dominican Republic was at 5.03 percent in October 2020, the same as in the previous month. It remained the highest inflation rate since September 2013, as prices increased further for food & non-alcoholic beverages (7.3 percent vs 6.5 percent in September); furnishings & household equipment (5.3 percent vs 5 percent); restaurants & hotels (4.1 percent vs 3.9 percent); recreation & culture slowed (4.3 percent vs 4.2 percent); and health (6.3 percent vs 5.9 percent). In addition, inflation was steady for housing & utilities (4.8 percent vs 5.2 percent); miscellaneous goods & services (at 5.4 percent); and communications (at 0.5 percent). On the other hand, cost of transport slowed (6.3 percent vs 7 percent). On a monthly basis, consumer prices went up 0.7 percent, after rising 0.6 percent in the prior month.
2020-11-20

Dominican Republic Inflation Rate
In Dominican Republic, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (25.1 percent of total weight). Transport accounts for 18 percent; Housing and Utilities for 11.6 percent; Restaurants and Hotels for 8.5 percent; Miscellaneous Goods and Services for 7.5 percent and Furniture, Household Goods and Maintenance for 6.5 percent. Health; Clothing and Footwear; Recreation and Culture; Education; Communication and Alcoholic beverages and Tobacco account for the remaining 22.8 percent of total weight.