The annual inflation rate in the Dominican Republic rose marginally to 7.90 percent in August of 2021 from 7.88 percent in July, mainly driven by prices of food and non-alcoholic beverages (10.7 percent vs 9.8 percent in July), alcoholic beverages & tobacco (11.1 percent vs 10.2 percent) and hotels and restaurants (8.2 percent vs 7.2 percent. Meanwhile, inflation slowed down for housing (4.4 percent vs 5.3 percent), healthcare (5.5 percent vs 6.1 percent) and education (3.4 percent vs 3.8 percent). On a monthly basis, consumer prices inched up by 0.8 percent, compared to 0.5 percent increase in July. source: Central Bank of Dominican Republic
Inflation Rate in Dominican Republic averaged 13.47 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 September of 2021.
Inflation Rate in Dominican Republic is expected to be 6.10 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 2022, according to our econometric models.