Up to December last year, the year-on-year variation of the Consumer Price Index was just 1.2%, a behavior that is explained by the fall in fuel prices.
The results of the general CPI, by groups of goods and services in December 2018, show reductions in Transport (-1.80%) and Housing (-1.45%), influenced by the reduction in prices of oil derivatives, informed the Central Bank of the Dominican Republic.
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.
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. It also highlights that annualized inflation, measured from October 2017 to October 2018, was at 3.52%, remaining within the target range of 4.0% (+/-1%) established in the Monetary Program for the present year.
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 %.
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.
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.
In the first quarter of 2018, the economy recorded a 6.4% Yoy growth, explained by the performance of free trade zone activity and construction.
The Central Bank of the Dominican Republic reported that "...The Dominican economy recorded a year-on-year expansion of 6.4% in the January-March 2018 quarter, maintaining the rate of growth above its potential, following monetary easing measures implemented as of August 1st of last year."
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