The annual inflation rate in the Dominican Republic increased to 5.03 percent in September 2020 from 4.80 percent in the previous month. It was the highest inflation rate since September 2013, as prices went up further for food & non-alcoholic beverages (6.5 percent vs 6.2 percent in August); transport (7 percent vs 6.3 percent); furnishings & household equipment (5 percent vs 4.8 percent); restaurants & hotels (3.9 percent vs 3.7 percent); and health (5.9 percent vs 5.5 percent). Meanwhile, inflation was steady for housing & utilities (at 5.2 percent); miscellaneous goods & services (at 5.4 percent); and communications (at 0.5 percent). Also, cost of recreation & culture slowed (4.2 percent vs 4.3 percent). On a monthly basis, consumer prices went up 0.6 percent, easing from a 0.8 percent increase in the prior month.

Inflation Rate in Dominican Republic averaged 13.62 percent from 1984 until 2020, 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 October of 2020. source: Central Bank of Dominican Republic

Inflation Rate in Dominican Republic is expected to be 4.90 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 3.80 in 12 months time. In the long-term, the Dominican Republic Inflation Rate is projected to trend around 3.50 percent in 2021 and 3.20 percent in 2022, according to our econometric models.

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Dominican Republic Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.03 4.80 82.49 -1.57 1984 - 2020 percent Monthly
2010=100


Calendar GMT Actual Previous Consensus TEForecast
2020-07-17 02:00 PM Jun 2.9% 0.99% 0.9%
2020-08-14 01:30 PM Jul 4.35% 2.9% 2.7%
2020-09-14 01:30 PM Aug 4.8% 4.35% 4.3%
2020-10-14 03:30 PM Sep 5.03% 4.8% 4.6%
2020-11-18 11:00 PM Oct 5.03% 5.1%
2020-12-16 07:00 PM Nov


News Stream
Dominican Republic Inflation Rate Rises to 7-Year High in September
The annual inflation rate in the Dominican Republic increased to 5.03 percent in September 2020 from 4.80 percent in the previous month. It was the highest inflation rate since September 2013, as prices went up further for food & non-alcoholic beverages (6.5 percent vs 6.2 percent in August); transport (7 percent vs 6.3 percent); furnishings & household equipment (5 percent vs 4.8 percent); restaurants & hotels (3.9 percent vs 3.7 percent); and health (5.9 percent vs 5.5 percent). Meanwhile, inflation was steady for housing & utilities (at 5.2 percent); miscellaneous goods & services (at 5.4 percent); and communications (at 0.5 percent). Also, cost of recreation & culture slowed (4.2 percent vs 4.3 percent). On a monthly basis, consumer prices went up 0.6 percent, easing from a 0.8 percent increase in the prior month.
2020-10-14
Dominican Republic August Inflation Rate Rises to Near 7-Year High
The annual inflation rate in the Dominican Republic rose to 4.80 percent in August 2020 from 4.35 percent in the previous month. It was the highest inflation rate since September 2013, as prices increased further mostly for food & non-alcoholic beverages (6.2 percent vs 6 percent in July); transport (6.3 percent vs percent vs 5 percent); housing & utilities (5.2 percent vs 4.3 percent); and restaurants & hotels (3.7 percent vs 3.5 percent). Also, cost of furnishings & household equipment (4.8 percent vs 4.7 percent); miscellaneous goods & services (5.4 percent vs 5 percent); recreation & culture (4.3 percent vs 4 percent); and health (5.5 percent vs 4.9 percent) advanced at a faster pace. On a monthly basis, consumer prices went up 0.8 percent, easing from a 1.9 percent gain in the prior month.
2020-09-14
Dominican Republic Inflation Rate Rises to 2-Year High in July
The annual inflation rate in the Dominican Republic increased to 4.35 percent in July 2020 from 2.90 percent in the previous month. It was the highest inflation rate since July 2018, as prices advanced further mainly for food & non-alcoholic beverages (6 percent vs 4.5 percent in June); transport (5 percent vs 1.5 percent); housing & utilities (4.3 percent vs 3.2 percent); and restaurants & hotels (3.5 percent vs 2.8 percent). Also, cost rose at a faster pace for furnishings & household equipment (4.8 percent vs 3.3 percent); miscellaneous goods & services (5 percent vs 4.6 percent); recreation & culture (4 percent vs 3.2 percent); and health (4.9 percent vs 4.1 percent). On a monthly basis, consumer prices went up 1.9 percent, following a 1.7 percent gain in the prior month.
2020-08-14
Dominican Republic Inflation Rate Rises to 4-Month High in June
The annual inflation rate in the Dominican Republic rose to 2.99 percent in June 2020 from 0.99 percent in the previous month. Cost increased further for food & non-alcoholic beverages (4.5 percent vs 2.9 percent in May); restaurants & hotels (2.8 percent vs 2.4 percent); furnishings & household equipment (3.3 percent vs 2.6 percent); miscellaneous goods & services (4.6 percent vs 4.3 percent); recreation & culture (3.2 percent vs 1.8 percent); and health (4.1 percent vs 3.9 percent). Also, prices rebounded for transport (1.5 percent vs -4.5 percent); and housing & utilities (3.2 percent vs -0.6 percent. On a monthly basis, consumer prices went up 1.7 percent, after dropping 0.1 percent in the prior month.
2020-07-17

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.