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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Dominican Republic: 3.7% inflation at the End of 2019

January 2020

Food, beverages and tobacco were the products that boosted the 3.66% inflation rate reported at the end of last year.

The consumer price index (CPI) registered a 0.20% variation in December 2019 compared to November of the same year, reported the Central Bank of the Dominican Republic (BCRD).

Dominican Republic: 1.6% Inflation up to July 2019

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: 3% YoY Inflation up to September 2018

October 2018

In September, spending divisions that reported price increases included Transportation, Housing and Education.

The Central Bank of the Dominican Republic reported that the consumer price index (CPI) in September 2018 registered a variation of 0.08 % with respect to August, the accumulated inflation for the January-September 2018 period reached 1.52 %, while annualized inflation, measured from September 2017 to September 2018, was 3.29 %.

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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