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Tuesday, May 13, 2025

Dominican Republic Inflation Rate Highest Since 2023

Dominican Republic Inflation Rate Highest Since 2023

In April 2025, the annual inflation rate in the Dominican Republic rose to 3.71%, up from 3.58% the previous month. This represents the highest inflation rate since December 2023. The acceleration was primarily driven by increased prices in several sectors: food and non-alcoholic beverages rose to 4.38% from 3.80% in March, recreation and culture to 6.35% from 5.83%, furniture and household goods to 2.50% from 2.40%, health to 4.98% from 4.78%, and miscellaneous goods to 5.25% from 5.04%. Meanwhile, price growth for housing and utilities remained steady at 2.04%. Conversely, there was a deceleration in price increases for communications, which fell to 1.32% from 2.64%; education to 5.63% from 5.80%; transport to 2.47% from 2.57%; and restaurants and hotels to 5.36% from 5.51%. On a month-to-month basis, consumer prices slightly increased by 0.03% in April, following a stronger 0.31% rise in March.


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