The annual inflation rate in the Dominican Republic edged down to 8.24 percent in October of 2022, the lowest since November 2021, from 8.63 percent in the previous month. Prices eased for food & non-alcoholic beverages (9.89 percent vs. 10.19 percent in September), transport (8.13 percent vs. 9.02 percent), housing & utilities (11.50 percent vs. 12.34 percent), and restaurants & hotels (9.75 percent vs. 10.10 percent). Monthly, consumer prices rose 0.28 percent, following a 0.29 percent increase in September. source: Central Bank of Dominican Republic

Inflation Rate in Dominican Republic averaged 13.33 percent from 1984 until 2022, 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 November of 2022.

Inflation Rate in Dominican Republic is expected to be 7.50 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 2.50 percent in 2023, according to our econometric models.

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Dominican Republic Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-10-14 02:00 PM Sep 8.63% 8.8% 8.7%
2022-11-15 02:00 PM Oct 8.24% 8.63% 8.3%
2022-12-15 02:00 PM Nov 8.24% 7.6%


Related Last Previous Unit Reference
Inflation Rate 8.24 8.63 percent Oct 2022
Consumer Price Index CPI 120.41 120.07 points Oct 2022
Food Inflation 9.90 10.20 percent Oct 2022
CPI Transportation 130.22 130.00 points Oct 2022
CPI Housing Utilities 120.62 120.38 points Oct 2022
Core Inflation Rate 6.86 7.04 percent Oct 2022
Core Consumer Prices 116.17 115.75 points Oct 2022
Inflation Rate MoM 0.28 0.29 percent Oct 2022
GDP Deflator 216.10 209.70 points Jun 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
8.24 8.63 82.49 -1.57 1984 - 2022 percent Monthly
2019M10/2020M09=100, NSA

News Stream
Dominican Republic Inflation Lowest Since November 2021
The annual inflation rate in the Dominican Republic edged down to 8.24 percent in October of 2022, the lowest since November 2021, from 8.63 percent in the previous month. Prices eased for food & non-alcoholic beverages (9.89 percent vs. 10.19 percent in September), transport (8.13 percent vs. 9.02 percent), housing & utilities (11.50 percent vs. 12.34 percent), and restaurants & hotels (9.75 percent vs. 10.10 percent). Monthly, consumer prices rose 0.28 percent, following a 0.29 percent increase in September.
2022-11-15
Dominican Republic Inflation Rate Slows to 4-Month Low
The annual inflation rate in the Dominican Republic edged down to 9.43 percent in July of 2022, the lowest since March, from 9.48 percent in the previous month. Prices eased for food & non-alcoholic beverages (12.34 percent from 12.96 percent) and relatively stable for clothing & footwear (1.53 percent from 1.52 percent); health (4.94 percent from 4.98 percent); recreation & culture (3.35 percent from 3.3 percent); education (4.82 percent from 4.86 percent) and alcoholic beverages & tobacco (8.3 percent from 10 percent). On the other hand, cost accelerated for transport (10.76 percent from 10.63 percent); housing & utilities (12.3 percent from 11.95 percent); restaurant & hotels (11.44 percent from 11.04 percent); miscellaneous goods & services (8.75 percent from 8.38 percent) and furniture & household equipment (7.68 percent from 7.5 percent).
2022-08-12
Dominican Republic Inflation Rate Remains High
The annual inflation rate in the Dominican Republic was at 9.48 percent in June of 2022, remaining relatively steady from the 9.47 percent in the previous month. Prices rose at a similar pace for food and non-alcoholic beverages (13 percent vs 12.9 percent in May), housing and utilities (12 percent vs 11.9 percent), restaurants and hotels (11 percent vs 10.9 percent), and transportation (unchanged at 10.7 percent). On a monthly basis, consumer prices went up by 0.64 percent, accelerating from the 0.49 percent increase in May.
2022-07-15