Consumer prices in the Dominican Republic hiked 9.32 percent in June of 2021 easing from a near 13-year high of 10.48 percent in the previous month, as pressure eased mainly for prices of food & non-alcoholic beverages (12.10 percent vs 13.14 percent in May); transports (18.52 percent vs 23.71 percent); and housing (6.01 percent vs 8.31 percent). Meanwhile, inflation quickened for restaurants and hotels (7.28 percent vs 6.86 percent) and stabilized in miscellaneous goods & services (6.11 percent). On a monthly basis, consumer prices went up 0.63 percent, easing slightly from a 0.65 percent increase in May. source: Central Bank of Dominican Republic
Inflation Rate in Dominican Republic averaged 13.50 percent from 1984 until 2021, 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 2021.
Inflation Rate in Dominican Republic is expected to be 6.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Dominican Republic to stand at 2.70 in 12 months time. In the long-term, the Dominican Republic Inflation Rate is projected to trend around 2.50 percent in 2022, according to our econometric models.