Dominican Republic: 3.3% Year-on-Year Inflation to February 2018

In February 2018 there was a monthly variation of -0.11% in the general level of prices, explained by prices for food and housing.

Monday, March 12, 2018

From a Report by the Central Bank of the Dominican Republic

The consumer price index (CPI) in the month of February 2018 registered a variation of -0.11% with respect to the month of January, placing cumulative inflation in the month of February at 0.18%. With this result, year-on-year inflation, measured from February 2017 to February 2018, stood at 3.32%, remaining within the target range of 4.0% ± 1.0% established in the Monetary Program. 

Regarding annualized core inflation, this stood at 2.46%. This indicator measures the inflationary pressures of monetary origin, isolating the effects of exogenous factors, by excluding from the general CPI some agricultural goods whose prices tend to be volatile, alcoholic beverages, tobacco, fuels, and administrative and transport services, allowing for better signals to be extracted regarding the behaviour of monetary policy.

The behavior of the CPI in February 2018 is basically due to the variations of -0.64% in the Food and Non-Alcoholic Beverages group and -0.63% in the Housing group, which neutralized the increases that were verified in the groups Transport (0.27%), Alcoholic Beverages and Tobacco (1.08%), Health (0.40%), Restaurants and Hotels (0.22%), among others.

See full report (in Spanish). 

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March 2020

During the second month of the year, the CPI registered a 3.7% year-on-year variation, which is less than the 4.1% reported in January 2020.

The variation in the Consumer Price Index was -0.13% in February compared to January 2020, placing accumulated inflation in the January-February period at 0.20%.

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: Year-on-Year Inflation up to June 2018 is 4.6%

July 2018

In the sixth month of the year there was a monthly change of 0.21% in the CPI, explained by prices of Food and non-alcoholic beverages and Transport.

From a Report by the Central Bank of the Dominican Republic:

The Central Bank of the Dominican Republic (BCRD) reports that the consumer price index (CPI) for the month of June 2018 registered a variation of 0.21% with respect to the month of May of this same year, reaching cumulative inflation 1.43% for the first semester.  

Dominican Republic: Year-on-Year Inflation up to May 2018 is 4.5%

June 2018

In the fifth month of the year, there was a monthly change of 0.26% in the CPI, explained by prices of Transportation and Housing.

From a Report by the Central Bank of the Dominican Republic:

The consumer price index (CPI) in May 2018 registered a variation of 0.26% with respect to the month of April of the same year, reaching cumulative inflation of 1.22% in the January-May period. With this result, inter-annual inflation, measured from May 2017 to May 2018, was 4.47%, within the target range of 4.0% ± 1.0% established in the Monetary Program. 

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