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 June 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.