FX.co ★ Dominican Republic Inflation Rises to Over 1-Year High

In March 2025, the annual inflation rate in the Dominican Republic escalated to 3.58%, marking the highest rate since December 2023 and a slight uptick from the 3.56% recorded in the previous month. Despite this increase, the rate remains within the central bank's target of 4%. This rise was primarily fueled by elevated inflation in the transportation sector, increasing from 2.4% in February to 2.57%, and the housing sector, which rose from 1.89% to 2.04%. Conversely, price growth for food and non-alcoholic beverages remained steady at 3.8%. However, the growth rate for consumer prices in restaurants and hotels showed a decline, moving from 5.69% to 5.51%. Month-on-month, consumer prices rose by 0.31% in March, showing a slight decrease from the 0.32% increase observed in February.