If the products and services sold include aspects that are highly valued by customers and our prices have evolved below market rates, it means that it is feasible to raise marketing prices.
Ariel Banos, founder of Fijaciondeprecios.com, describes the signs that should be analyzed by businessmen at the moment of applying an increase in the prices of the products and services marketed.
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%. With this result, year-on-year inflation measured from February 2019 to February 2020, reached 3.66%, below the center of the target range of 4%±1% established in the Monetary Program.
Food and non-alcoholic beverages, Transport, and Recreation and culture, were the sectors that had the greatest incidence in January for the CPI to report a 4.1% year-on-year variation.
The Central Bank of the Dominican Republic (BCRD) reported that the overall consumer price index (CPI) experienced a 0.33% change in January 2020 compared to December 2019, while the underlying price index or monetary conditions index experienced a 0.38% change in the first month of the year.
Arguing that for this year inflation is expected to remain around the central value of the target range, the Central Bank of the Dominican Republic decided to set the Monetary Policy Rate at 4.5%.
From the BCRD's press release:
January 31st, 2020. In its monetary policy meeting of January 2020, the Central Bank of the Dominican Republic (BCRD) decided to maintain its monetary policy rate at 4.50% per annum.
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).
The official report states that "... Regarding annualized subjacent inflation, the institution indicates that it was 2.25%.
In November, a 3.2% year-on-year increase was reported in the Consumer Price Index, above the 2.5% recorded in October 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.
In October, the Consumer Price Index rose 2.5% year-on-year, up from 2% in September 2019.
The consumer price index (CPI) in October 2019 registered a 0.67% variation with respect to the month of September, placing accumulated inflation from January to October at 3.06%, explains a report by the Central Bank of the Dominican Republic.
In September, the Consumer Price Index increased 2% year-on-year, up from 1.7% in August 2019.
The Central Bank of the Dominican Republic (BCRD) reported that the consumer price index (CPI) registered a 0.38 % variation in September 2019 with respect to August, so that accumulated inflation in the January-September period stood at 2.38%.
In August, a 1.7% year-on-year increase was reported in the Consumer Price Index, variation that is higher than the 1.6% registered in July 2019.
The Consumer Price Index (CPI) in August of this year registered a 0.34% variation with respect to July 2019, placing the accumulated inflation at 1.99%. With this result the year on year inflation, measured from August 2018 to August 2019, stood at 1.72%, informed the Central Bank of the Dominican Republic.
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%. With this result, annualized inflation measured from July 2018 to July 2019 stood at 1.40%, reported the Central Bank of the Dominican Republic (BCRD).
After the year-on-year variation of the CPI in May of this year was only 1.3%, in June the inflationary rhythm in the country became low again, in this case it was 0.9%.
The variation of the Consumer Price Index in June was -0.18% with respect to May, placing the accumulated inflation in the semester from January to June at 1.17%, informed the Central Bank of the Dominican Republic.
After the year-on-year variation of the CPI in April of this year was only 1.6%, in May the inflationary rhythm in the country was low again, in this case it was 1.3%.
The consumer price index (CPI) recorded -0.03% in May in comparison with April. Indeed, accumulated inflation for the 2019 January-May period stood at 1.36%. With this result, annualized inflation, i.e.
After in January, February and March of this year the year-on-year variation of the CPI was only 0.7%, 1.2% and 1.5%, respectively, in April the inflationary rhythm in the country slightly increased to 1.6%.
The consumer price index (CPI) registered a variation of 0.53% in April with respect to March 2019, placing the accumulated inflation for April at 1.39%, informed the Central Bank of the Dominican Republic (BCRD).
After in January and February of this year the year-on-year variation of the CPI was only 0.7% and 1.2%, respectively, in March the inflationary rhythm in the country increased slightly to 1.5%.
0.65% variation with respect to February, placing accumulated inflation at 0.86% at the end of the first quarter of the year, informed the Central Bank of the Dominican Republic (BCRD).
After the year-on-year variation of the CPI was barely 0.7% in January of this year, in February the inflationary rhythm in the country rose slightly to 1.2%.
The consumer price index (CPI) registered a 0.37% variation in February 2019, placing the accumulated inflation of the first two months of the year at 0.20%, informed the Central Bank of the Dominican Republic (BCRD).