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.