Inflation continues to drop in the Dominican Republic. The Central Bank reports that the Consumer Price Index in August 2022 increased 0.21%, the lowest monthly increase in the past 27 months. The Central Bank reports that the CPI has kept a downward trend over the past four months.
The Central Bank explains that the downward trend in inflation reflects the effectiveness of the monetary policy measures adopted by the Central Bank and the subsidies implemented by the government to fuel and electricity rates, as well as the initiatives to lower production costs in agriculture.
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Central Bank
7 September 2022