Inflation in Dominican Republic

Dominican Republic Inflation | Economic News & Forecasts

Dominican Republic - Inflation

Inflation moderates in May

Consumer prices increased 0.49% from the previous month in May, easing from April’s 0.96% rise. Looking at the details of the release, recreation and culture prices rebounded in April, while price pressures for food and non-alcoholic beverages picked up.

Inflation came in at 9.5% in May, which was down from April’s 9.6% which had marked the highest inflation rate since May 2021. Meanwhile, the annual average inflation came in at 8.6% in May (April 8.7%).

FocusEconomics panelists project inflation to end 2022 at 8.0%, which is down 0.3 percentage points from last month’s forecast, and 2023 at 6.1%.

Dominican Republic - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)0.8  1.6  3.3  3.6  1.8  

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Dominican Republic Inflation Chart

Dominican Republic Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Dominican Republic Central Bank and FocusEconomics calculations

Dominican Republic Facts

Value Change Date
Exchange Rate52.960.80 %Jan 01

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