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.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Dominican Republic Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2023-04-14 02:00 PM Mar 5.9% 6.40% 5.8%
2023-05-16 02:00 PM Apr 5.2% 5.9% 5.3%
2023-06-16 02:00 PM May 5.2% 5.0%


Related Last Previous Unit Reference
Inflation Rate 5.20 5.90 percent Apr 2023
Consumer Price Index CPI 123.36 123.60 points May 2023
Food Inflation 6.02 7.70 percent May 2023
CPI Transportation 131.29 131.70 points May 2023
CPI Housing Utilities 121.63 122.38 points May 2023
Core Inflation Rate 5.51 5.83 percent May 2023
Core Consumer Prices 119.50 119.26 points May 2023
Inflation Rate MoM 0.24 0.21 percent Apr 2023
GDP Deflator 209.90 193.10 points Dec 2022

Dominican Republic Inflation Rate
In Dominican Republic, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (24 percent of total weight). Transport accounts for 17 percent; Housing and Utilities for 13 percent; Miscellaneous Goods and Services for 10 percent and Restaurants and Hotels for 9 percent. Furniture, Household Goods and Maintenance; Health; Clothing and Footwear; Recreation and Culture; Education; Communication and Alcoholic beverages and Tobacco account for the remaining 28 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.90 82.49 -1.57 1984 - 2023 percent Monthly
2019M10/2020M09=100, NSA

News Stream
Dominican Republic Inflation Rate Hits 2-1/2-Year Low
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.
2023-05-16
Dominican Inflation Slows for 3rd Month
The annual inflation rate in the Dominican Republic eased for a third month to 5.9% in March of 2023, down from 6.4% from the previous month and in line with the trend of cooling inflation worldwide. The result drew Dominican inflation closer to the central bank’s upper target of 5%, as consumer prices decelerated for transportation (2.6% vs 3.2% in February), food and non-alcoholic beverages (8.8% vs 9.8%), restaurants and hotels (9.6% vs 10.2%), and housing and non-alcoholic beverages (5.3% vs 5.4%). On a monthly basis, the CPI edged 0.2% higher.
2023-04-14
Dominican Republic Inflation Rate Drops to Over 2-Year Low
The annual inflation rate in the Dominican Republic eased for the second month to 6.40% in February 2023, down from 7.24% in the prior month. This was the softest reading since January 2021, amid slowing prices of food & non-alcoholic beverages (9.81% vs 11.36% in January); miscellaneous goods & services (10.35% vs 10.60%); housing (5.39% vs 5.75%) and transportation (3.19% vs 5.13%). On a monthly basis, consumer prices were up by 0.41%, slowing from a 0.63% rise in the previous month.
2023-03-15