The annual inflation rate in the Dominican Republic rose to 7.83% in December of 2022, from a near two-year low of 7.58% in the prior month. Upward pressure came mostly from prices of food & non-alcoholic beverages (11.19% vs 9.80% in November), miscellaneous goods & services (10.49% vs 10.29%) and alcoholic beverages & tobacco (5.42% vs 4.80%).On a monthly basis, consumer prices advanced by 0.96%, the most in eight months, after a 0.47% rise in the prior month. source: Central Bank of Dominican Republic

Inflation Rate in Dominican Republic averaged 13.31 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 January of 2023.

Inflation Rate in Dominican Republic is expected to be 5.80 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 2024, according to our econometric models.

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Dominican Republic Inflation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-12-15 02:00 PM Nov 7.58% 8.24% 7.6%
2023-01-16 02:00 PM Dec 7.83% 7.58% 7.5%
2023-02-15 02:00 PM Jan 7.83% 7.3%


Related Last Previous Unit Reference
Inflation Rate 7.83 7.58 percent Dec 2022
Consumer Price Index CPI 122.13 120.97 points Dec 2022
Food Inflation 11.19 9.80 percent Dec 2022
CPI Transportation 131.59 130.64 points Dec 2022
CPI Housing Utilities 121.03 120.80 points Dec 2022
Core Inflation Rate 6.56 6.59 percent Dec 2022
Core Consumer Prices 117.25 116.56 points Dec 2022
Inflation Rate MoM 0.96 0.47 percent Dec 2022
GDP Deflator 193.80 194.10 points Sep 2022

Dominican Republic Inflation Rate
In Dominican Republic, the most important category in the consumer price index is Food and Non-Alcoholic Beverages (24 percent of total weight). Transport accounts for 17 percent; Housing and Utilities for 13 percent; Miscellaneous Goods and Services for 10 percent and Restaurants and Hotels for 9 percent. Furniture, Household Goods and Maintenance; Health; Clothing and Footwear; Recreation and Culture; Education; Communication and Alcoholic beverages and Tobacco account for the remaining 28 percent of total weight.
Actual Previous Highest Lowest Dates Unit Frequency
7.83 7.58 82.49 -1.57 1984 - 2022 percent Monthly
2019M10/2020M09=100, NSA

News Stream
Dominican Republic Inflation Rate Quickens in December
The annual inflation rate in the Dominican Republic rose to 7.83% in December of 2022, from a near two-year low of 7.58% in the prior month. Upward pressure came mostly from prices of food & non-alcoholic beverages (11.19% vs 9.80% in November), miscellaneous goods & services (10.49% vs 10.29%) and alcoholic beverages & tobacco (5.42% vs 4.80%).On a monthly basis, consumer prices advanced by 0.96%, the most in eight months, after a 0.47% rise in the prior month.
2023-01-16
Dominican Republic Inflation Rate Slows for 5th Month
The annual inflation rate in the Dominican Republic eased for the fifth straight month to 7.58% in November of 2022, down from 8.24% in the prior month. It was the softest inflation rate since February of 2021, mainly due to slowing prices of food & non-alcoholic beverages (9.80% vs 9.89% in October); housing (9.84% vs 11.50%) and transportation (5.95% vs 8.13%). On a monthly basis, consumer prices inched up by 0.47%, after increasing 0.28% in the preceding month.
2022-12-15
Dominican Republic Inflation Lowest Since November 2021
The annual inflation rate in the Dominican Republic edged down to 8.24 percent in October of 2022, the lowest since November 2021, from 8.63 percent in the previous month. Prices eased for food & non-alcoholic beverages (9.89 percent vs. 10.19 percent in September), transport (8.13 percent vs. 9.02 percent), housing & utilities (11.50 percent vs. 12.34 percent), and restaurants & hotels (9.75 percent vs. 10.10 percent). Monthly, consumer prices rose 0.28 percent, following a 0.29 percent increase in September.
2022-11-15