Cost of food in Dominican Republic decreased 0.03 percent in December of 2018 over the same month in the previous year. Food Inflation in Dominican Republic averaged 9.27 percent from 2000 until 2018, reaching an all time high of 94.54 percent in March of 2004 and a record low of -9.87 percent in August of 2005.
Food Inflation in Dominican Republic is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Dominican Republic to stand at 3.40 in 12 months time. In the long-term, the Dominican Republic Food Inflation is projected to trend around 3.50 percent in 2020, according to our econometric models.