The Central Bank of the Dominican Republic says the 10.3% yearly inflation seen in the first five months of the year is ceding, and in June had fallen to 9.32%. Nevertheless, the Central Bank acknowledges the rising cost of living in the country. It explains that the cost of a typical family’s food basket has risen to average around RD$38,000.
The Central Bank says the cost for a poor family is lower, at RD$22,600, while that for a middle income family is at RD$63,700 per month.
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12 July 2021