Dominican Republic: Inflation declines in October
Latest reading: Inflation fell to 3.2% in October, which was down from September’s 3.3%. October’s figure marked the weakest inflation rate since April. The reading was driven by moderating price pressures for food, recreation and culture, and housing.
In addition, the trend pointed down slightly, with annual average inflation coming in at 3.4% in October (September: 3.5%). Meanwhile, core inflation was steady, coming in at September’s 4.0% in October.
Lastly, consumer prices rose 0.09% in October over the previous month, a smaller increase than the 0.30% increase logged in September. October’s result marked the weakest reading since May.