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. source: Central Bank of Dominican Republic
Inflation Rate in Dominican Republic averaged 13.28 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 March of 2023.
Inflation Rate in Dominican Republic is expected to be 5.80 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.