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.