2004News

Inflation drops in November

The Central Bank’s Consumer Price Index indicates a 1.65% decline in for November, bringing accumulated inflation this year to 30.68%. Diario Libre reports that this is the lowest inflation index decline for any given month in the past 24 years. The drop is attributed to the peso’s appreciation and its effect on the price of goods and services.

See http://www.bancentral.gov.do/notas_prensa.asp?a=nota2004-12-13