The annual inflation rate in the Dominican Republic jumped to a nearly 10-year high of 9.65 percent in April of 2021 from 8.30 percent in the previous month. Main upward pressure came from surging prices of food & non-alcoholic beverages (10.25 percent vs 9.05 percent in March) and transports (23.94 percent vs 18.72 percent). Moreover, inflation soared for housing & utilities (9.40 percent vs 8.69 percent) and it has increased for restaurants & hotels (6.70 percent vs 6.21 percent). On a monthly basis, consumer prices went up 0.41 percent, following a 0.60 percent increase in the prior month. source: Central Bank of Dominican Republic

Inflation Rate in Dominican Republic averaged 13.52 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 May of 2021.

Inflation Rate in Dominican Republic is expected to be 6.50 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 3.20 in 12 months time. In the long-term, the Dominican Republic Inflation Rate is projected to trend around 3.60 percent in 2022 and 3.20 percent in 2023, according to our econometric models.

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Dominican Republic Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.65 8.30 82.49 -1.57 1984 - 2021 percent Monthly
2019M10/2020M09=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-15 07:00 PM Jan 6.23% 5.55% 5.7%
2021-03-12 07:00 PM Feb 7.09% 6.23% 6.5%
2021-04-15 09:30 PM Mar 8.30% 7.09% 7.4%
2021-05-14 12:55 PM Apr 9.65% 8.30% 8.5%
2021-06-15 02:00 PM May 9.65%
2021-07-15 02:00 PM Jun
2021-08-13 01:30 PM Jul
2021-09-15 01:30 PM Aug


News Stream
Dominican Republic Inflation at a Nearly 10-Year High
The annual inflation rate in the Dominican Republic jumped to a nearly 10-year high of 9.65 percent in April of 2021 from 8.30 percent in the previous month. Main upward pressure came from surging prices of food & non-alcoholic beverages (10.25 percent vs 9.05 percent in March) and transports (23.94 percent vs 18.72 percent). Moreover, inflation soared for housing & utilities (9.40 percent vs 8.69 percent) and it has increased for restaurants & hotels (6.70 percent vs 6.21 percent). On a monthly basis, consumer prices went up 0.41 percent, following a 0.60 percent increase in the prior month.
2021-05-14
Dominican Republic Inflation Rate Highest Since 2011
The annual inflation rate in the Dominican Republic increased to 8.30 percent in March of 2021 from 7.09 percent in the previous month. It was the highest inflation rate since December of 2011, as prices advanced faster for food & non-alcoholic beverages (9.05 percent vs 8.96 percent in February); transport (18.72 percent vs 13.17 percent); housing (8.69 percent vs 7.07 percent) and restaurants and hotels (6.21 percent vs 5.68 percent). On a monthly basis, consumer prices went up 0.60 percent, following a 0.68 percent increase in the prior month.
2021-04-15
Dominican Republic Inflation Rate Over 9-Year High
The annual inflation rate in the Dominican Republic increased to 7.09 percent in February of 2021 from 6.23 percent in the previous month. It was the highest inflation rate since December of 2011, as prices advanced faster in transports (13.17 percent vs 9.36 percent in December), amid surging crude oil prices; food & non-alcoholic beverages (8.96 percent vs 8.87 percent); housing (7.07 percent vs 6.29 percent); healthcare (6.58 percent vs 6.45 percent); and furnishings (6.14 percent vs 5.68 percent). On a monthly basis, consumer prices went up 0.68 percent, following a 0.97 percent increase in the prior month.
2021-03-12
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
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.