Dominican Republic: 3.2% Inflation up to November 2019

In November, a 3.2% year-on-year increase was reported in the Consumer Price Index, above the 2.5% recorded in October 2019.

Wednesday, December 11, 2019

The consumer price index (CPI) in November recorded a 0.37% variation with regard to October 2019. Accumulated inflation for the January-November 2019 period reached 3.45%, while annualized inflation, measured from November 2018 to November 2019, stood at 3.23%, informed the Central Bank of the Dominican Republic.

The official report states that "... The analysis of the general index shows that the groups with the highest incidence of inflation in November 2019 were Food and Non-Alcoholic Beverages (0.40%), Transportation (0.49%) and Housing (0.81%), explaining together approximately 76.0% of the month's inflation.

The food and non-alcoholic beverages price index experienced a 0.40% variation, mainly explained by the increases in onion prices (15.06%), green bananas (2.10%), garlic (8.48%), green beans (5.68%), avocados (4.36%), ripe bananas (2.61%), vegetables (2.72%), red beans (1.16%) and carrots (9.43%).
"

Download the official report (in Spanish).

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August 2019

Between January and July 2019, accumulated inflation of 1.64% is reported, which is partly explained by the positive variation in the prices of Food and Non-Alcoholic Beverages.

The consumer price index (CPI) registered a 0.47% variation in July with respect to June 2019, placing the accumulated inflation of the January-July 2019 period at 1.64%.

Dominican Republic: 2.4% Inflation up to November 2018

December 2018

During the eleventh month of the year, spending divisions reporting price increases included airfares and automobiles.

The Central Bank of the Dominican Republic (BCRD) reported that the consumer price index (CPI) in November 2018 registered a -0.35% variation with respect to October of this year, ranking the accumulated inflation at 1.39% for the first eleven months of 2018.

Dominican Republic: 4% YoY inflation up to October 2018

November 2018

Among the spending categories that reported price increases in the tenth month of the year were Food and non-alcoholic beverages, Transportation and Furniture, and Household items.

The Consumer Price Index (CPI) report published by the Central Bank of the Dominican Republic indicates that in October there was a variation of 0.22% with respect to September.

Dominican Republic: Year-on-Year Inflation in August 2018 is 4%

September 2018

Among the spending divisions that reported increases in prices in the eighth month of the year are Education, Transportation and Housing.

The Central Bank of the Dominican Republic (BCRD) reported that the consumer price index (CPI) has remained practically unchanged for a second consecutive month, registering a variation of 0.03% with respect to the month of July of this year.

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