The annual inflation rate in the Dominican Republic fell for a fourth month to 5.2% in April of 2023, down from 5.9% from the previous month. This was the softest reading since October 2020, mainly due to slower increases in prices of miscellaneous goods & services (9.8% vs 10.2% in March); restaurants & hotels (8.9% vs 9.6%); food & non-alcoholic beverages (7.7% vs 8.8%); alcoholic beverages & tobacco (3.9% vs 4.4%); housing (3.2% vs 5.4%) and transportation (2.1% vs 2.6%). On a monthly basis, consumer prices rose by 0.2% in April, the same pace as in the prior month. source: Central Bank of Dominican Republic
Inflation Rate in Dominican Republic averaged 13.25 percent from 1984 until 2023, 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 June of 2023.
Inflation Rate in Dominican Republic is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Inflation Rate is projected to trend around 3.00 percent in 2024, according to our econometric models.