Cost of food in Dominican Republic increased 9.10 percent in March of 2021 over the same month in the previous year. source: Central Bank of Dominican Republic
Food Inflation in Dominican Republic averaged 8.87 percent from 2000 until 2021, reaching an all time high of 94.54 percent in March of 2004 and a record low of -9.87 percent in August of 2005. This page provides - Dominican Republic Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Food Inflation - values, historical data and charts - was last updated on May of 2021.
Food Inflation in Dominican Republic is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Dominican Republic to stand at 5.00 in 12 months time. In the long-term, the Dominican Republic Food Inflation is projected to trend around 5.00 percent in 2022 and 3.30 percent in 2023, according to our econometric models.