Dominican Republic: 4.4% YoY Inflation up to July 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.

Monday, August 13, 2018

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.   

The report adds that core inflation registered an interannual rate of 2.61% in the month of July 2018. This indicator estimates the inflationary pressures of monetary origin, isolating the price variations of some volatile agricultural goods, alcoholic beverages, tobacco, as well as fuels and some managed services such as electricity and transportation, thus allowing for clearer signals to be extracted regarding the conduct of monetary policy.

According to the BCRD, the performance of the CPI in the month of July 2018 is basically due to the fact that the variation of -0.58% verified in the CPI of the Food and Non-Alcoholic Beverages group, influenced by an excess supply of agricultural products, neutralized the registered increases in the price indices of most of the groups of goods and services, mainly Transport (0.30%), Housing (0.45%) and Recreation and Culture (0.44%).

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.

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.

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

March 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.

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. 

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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