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

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

Friday, September 14, 2018

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.

In its report, the BCRD notes that the behavior of the CPI in August is due to the fact that the reduction experienced in the Food and Non-Alcoholic Beverages group index (-0.80%), largely neutralized the positive variations of the the groups Education (2.04%), Transportation (0.36%) and Housing (0.48%), among others. 

The reports explains that the variation of -0.80% in the group Food and Non-Alcoholic Beverages was due to decreases verified in products such as avocados (-19.30%), green bananas (-8.13%), oranges (-10.31%), fresh chicken ( -0.94%), green plantains (-1.78%), cassava (-3.19%), citrus lemons (-18.75%), sour oranges (-12.82%), auyama (-7.16%), potatoes (-3.37%) and seasonal fruits (-6.65%). In contrast, some food items reflected increases in their prices such as rice (0.57%) and cream sugar (2.00%), contributing to the fact that the drop seen in the index of this group was not of greater magnitude.

See full report (In Spanish).

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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.

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August 2018

In the seventh month of the year, the CPI reported an increase of 0.3% in the Transportation expense division, which is explained by an increase in the prices of tickets abroad.

The Central Bank of the Dominican Republic (BCRD) reported that accumulated inflation during the period January-July 2018 was 1.41%. This result is due to the fact that inflation in July 2018 remained practically neutral, with a variation of the CPI of -0.02% with respect to the previous month.   

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: 4% YoY Inflation

February 2018

In January 2018 there was a monthly variation of 0.29% in the general level of prices, explained by the prices of food and recreation activities.

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

The Central Bank of the Dominican Republic (BCRD) reports that inflation for the month of January 2018, measured by the variation in the consumer price index (CPI), was 0.29% with respect to the month of December 2017. 

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