The Central Bank of the Dominican Republic (BCRD) reported that the consumer price index (CPI) registered an annual variation of 3.29% in September 2024, lower than the rates of 3.54% in July and 3.42% in August. This places the country’s inflation within the lower limit and center of the target range of 4.0% ± 1.0% for the tenth consecutive month since December 2023.
The BCRD attributed this favorable performance to a monthly inflation of 0.30% in September, which was below the rates observed in July (0.53%) and August (0.40%). This deceleration was primarily driven by a slowdown in the growth rate of food prices.
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Central Bank
7 October 2024