The Consumer Prices’ Index dropped in February 2018 by 0.11% compared to January meaning year to date inflation stands at 0.18%, according to the Central Bank. Inflation for the past 12 months, February 2017 to February 2018 stands at 3.32% within the range set by the Monetary Program of 4.0 % ± 1.0 %.
The reduction in the inflation rate in the month was attributed to the lower prices reported in the Food and Non Alcoholic Beverages category, which decreased by 0.64%. Also, the Housing Sector prices which went down by 0.63%. The reduction in these categories counteracted the increases in Transport (0.27 %), Alcoholic Beverages and Tobacco (1.08 %), Health (0.40 %), Hotels and Restaurants (0.22%), among others.
https://www.bancentral.gov.do/publicaciones_economicas/cipcm/cipcm2018-02.pdf
https://www.bancentral.gov.do/notas_bc/2018/03/10/2940/bcrd-informa-que-la-inflacin-del-mes-de-febrero-fue-de-011
13 March 2018
