Dominican Republic inflation rate for 2023 was 4.79%, a 4.03% decline from 2022.
Dominican Republic inflation rate for 2022 was 8.81%, a 0.57% increase from 2021.
Dominican Republic inflation rate for 2021 was 8.24%, a 4.46% increase from 2020.
Dominican Republic inflation rate for 2020 was 3.78%, a 1.97% increase from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
