The annual inflation rate in the Dominican Republic eased to 9.47 percent in May of 2022, down slighty from a one-year high of 9.64 percent in the previous month, amid a slight slowdown in prices and transport (10.74 percent vs 12.31 percent). However, costs climbed further in other categories, namely food & non-alcoholic beverages (12.87 percent vs 12.64 percent), housing (11.88 percent vs 11.60 percent) and restaurants & hotels (10.92 percent vs 10.69 percent). On a monthly basis, consumer prices went up 0.49 percent, slowing from a 0.96 percent increase in the previous month. source: Central Bank of Dominican Republic

Inflation Rate in Dominican Republic averaged 13.38 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 July of 2022.

Inflation Rate in Dominican Republic is expected to be 9.40 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.

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Dominican Republic Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-05-16 05:00 PM Apr 9.64% 9.1% 8.8%
2022-06-17 03:00 PM May 9.47% 9.64% 9.6%
2022-07-15 07:00 PM Jun 7.29% 9.4%


Related Last Previous Unit Reference
Inflation Rate 9.47 9.64 percent May 2022
Consumer Price Index CPI 118.12 117.54 points May 2022
Food Inflation 12.90 12.60 percent May 2022
CPI Transportation 129.10 129.02 points May 2022
CPI Housing Utilities 119.04 118.54 points May 2022
Core Inflation Rate 7.29 7.25 percent May 2022
Core Consumer Prices 113.26 112.70 points May 2022
Inflation Rate Mom 0.49 0.96 percent May 2022
GDP Deflator 194.50 187.00 points Jun 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
9.47 9.64 82.49 -1.57 1984 - 2022 percent Monthly
2019M10/2020M09=100, NSA

News Stream
Dominican Republic Inflation Rate Slows in May
The annual inflation rate in the Dominican Republic eased to 9.47 percent in May of 2022, down slighty from a one-year high of 9.64 percent in the previous month, amid a slight slowdown in prices and transport (10.74 percent vs 12.31 percent). However, costs climbed further in other categories, namely food & non-alcoholic beverages (12.87 percent vs 12.64 percent), housing (11.88 percent vs 11.60 percent) and restaurants & hotels (10.92 percent vs 10.69 percent). On a monthly basis, consumer prices went up 0.49 percent, slowing from a 0.96 percent increase in the previous month.
2022-06-17
Dominican Republic Inflation Rate at 1-Year High
The annual inflation rate in the Dominican Republic accelerated to 9.64 percent in April of 2022, from 9.05 percent in the previous month as Russia’s invasion of Ukraine led to a global supply shock, adding to the upward pressure from the covid-19 pandemic. The current reading was the highest inflation rate since April of 2021, led by prices of food and non-alcoholic beverages (+1.48%); housing and utilities (+2.35%); restaurants and hotels (1.09%) amid increased food prices; miscellaneous goods and services (+0.88%), particularly personal care services and items, insurance and celebration of events; and transport (+0.25%) led by surging prices of gasoline and tickets abroad. On a monthly basis, consumer prices rose by 0.96 percent whereas considering the first four months of 2022, consumer inflation stood at 9.64 percent.
2022-05-16
Dominican Republic Inflation Rate at New 9-Month High
The annual inflation rate in the Dominican Republic quickened to 9.1 percent year-on-year in March of 2022, from 9.0 percent in the previous month, the highest inflation rate since June of 2021. Main upward pressure came from food & non-alcoholic beverages (11.6 percent vs 10.3 percent in February); and remained elevated for prices of housing & utilities (9.4 percent, the same as in February) and transports (12.6 percent vs 14.5 percent). Additionally, inflationary pressure also came from prices within restaurants & hotels (10.1 percent vs 9.7 percent); miscellaneous goods & services (7.9 percent vs 7.5 percent); furniture (7.1 percent vs 6.9 percent); and alcoholic beverages & tobacco (12.3 percent, the same as in February). On a monthly basis, consumer prices rose 0.7 percent, slowing from a 0.9 percent advance in the previous month.
2022-04-14