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.

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Dominican Republic Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.90 7.88 82.49 -1.57 1984 - 2021 percent Monthly
2019M10/2020M09=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-17 09:00 PM May 10.48% 9.65%
2021-07-15 02:00 PM Jun 9.32% 10.48% 8.9%
2021-08-13 01:30 PM Jul 7.88% 9.32% 7.1%
2021-09-15 01:30 PM Aug 7.90% 7.88% 6.5%
2021-10-15 03:30 PM Sep 7.90%
2021-11-15 11:00 PM Oct
2021-12-15 07:00 PM Nov


News Stream
Dominican Republic Inflation Rate Edges Up
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.
2021-09-15
Dominican Republic Inflation Rate at 5-Month Low
The annual inflation rate in the Dominican Republic eased to 7.88 percent in July of 2021 from 9.32 percent in the previous month. It was the slowest rise in consumer prices since last February, as prices rose at a softer pace in most groups, more importantly in food & non-alcoholic beverages (9.84 percent vs 12.10 percent in June); transports (14.79 percent vs 18.52 percent); housing (5.33 percent vs 6.01 percent); furniture (5.17 percent vs 6.12 percent); health (6.06 percent vs 6.69 percent); education (3.80 percent vs 4.24 percent); and recreation & culture (3.20 percent vs 3.59 percent. On a monthly basis, consumer prices went up 0.54 percent, easing from a 0.63 percent increase in June.
2021-08-13
Dominican Republic Inflation Rate at 9.32% in June
Consumer prices in the Dominican Republic hiked 9.32 percent in June of 2021 easing from a near 13-year high of 10.48 percent in the previous month, as pressure eased mainly for prices of food & non-alcoholic beverages (12.10 percent vs 13.14 percent in May); transports (18.52 percent vs 23.71 percent); and housing (6.01 percent vs 8.31 percent). Meanwhile, inflation quickened for restaurants and hotels (7.28 percent vs 6.86 percent) and stabilized in miscellaneous goods & services (6.11 percent). On a monthly basis, consumer prices went up 0.63 percent, easing slightly from a 0.65 percent increase in May.
2021-07-15
Dominican Republic Inflation Rate Highest Since 2008
The annual inflation rate in the Dominican Republic increased to 10.48 percent in May of 2021 from 9.65 percent in the previous month. It was the highest inflation rate since October of 2008, as prices advanced faster for food & non-alcoholic beverages (13.14 percent vs 10.25 percent in April) and restaurants and hotels (6.86 percent vs 6.70 percent). On the other hand, prices rose at a softer pace for transport (23.71 percent vs 23.94 percent) and housing (8.31 percent vs 9.40 percent). On a monthly basis, consumer prices went up 0.65 percent, following a 0.41percent increase in the prior month.
2021-06-17

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.