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Report no. 2 · English summary

Inflation in the Dominican Republic

Prices, causes and management, 2000-2026

Between December 1999 and December 2025, consumer prices in the Dominican Republic multiplied by 6.2. This report measures that inflation month by month with Central Bank files: how much prices rose, when, what drove them and how each government fared.

Report
no. 2
Published
October 11, 2026
Research and writing
Risquerme I. Saldaña V.
Length
42 pages (in Spanish)

Starting point

Inflation is the economic figure people check every day, at the corner store, at the gas station and on the electricity bill, and the least measured. This report took the Central Bank's consumer price index month by month since 2000, along with its series of core inflation, groups of goods and services, tradable goods, the monetary policy rate and the exchange rate, and compared it with eleven other Latin American countries.

Key findings

FindingData
Prices multiplied by sixBy 6.2 between December 1999 and December 2025: 7.3 % a year. What cost RD$1,000 in December 1999 costs RD$6,372 in August 2026
Two years explain the differenceInflation was 42.7 % in 2003 and 28.7 % in 2004. The twelve-month peak was 65.3 %, in May 2004
Single-digit inflation since 20054.8 % a year between December 2004 and December 2025; 4.0 % since December 2011
There were two other spikes14.6 % in September 2008 and 10.5 % in May 2021, with rising world oil and food prices
Food and transport move the indexThey weigh 40.5 % of the basket and contributed 53 % of the price increase since 1999
Core inflation is more stableSince 2012 it ranged between 1.5 % and 7.3 %; headline inflation, between 0.0 % and 10.5 %
The target is met less than half the timeSince 2012 inflation was within the target range in 75 of 176 months; 63 below and 38 above
Each government had different inflationPer year, September to August: Mejía 23.3 %, Fernández 5.5 %, Medina 3.0 %, Abinader 5.5 %
From last place to the middleAmong twelve countries, it had the highest inflation in 2000-2011 (12.1 %) and the sixth lowest in 2012-2025 (4.0 %)
Today it is above the top of the target5.13 % in August 2026, the fifth month in a row above 5 %. The monetary policy rate rose to 5.50 % in October

Charts from the report

Twelve-month inflation, January 2000 to August 2026
Twelve-month inflation, January 2000 to August 2026. Source: Central Bank of the Dominican Republic. (Chart labels in Spanish.)
Contribution of each group to the price increase, 1999-2025
Contribution of each group to the price increase, 1999-2025. Source: Central Bank; Economía con Datos calculation. (Chart labels in Spanish.)
Headline and core inflation and target range, 2012-2026
Headline and core inflation and target range, 2012-2026. Source: Central Bank; targets according to the IMF and the Central Bank. (Chart labels in Spanish.)
Average inflation in twelve countries, 2012-2025
Average inflation in twelve countries, 2012-2025. Source: World Bank and Central Bank. (Chart labels in Spanish.)

Contents

PartContent
I. The measureWhat the CPI is, its basket and how to read it
II. The factsThe full series and its extremes: 2003-2004, 2008, 2021-2022 and the lows
III. The causesComponents, core inflation and the drivers: the dollar, oil and food
IV. The managementMonetary policy and inflation under each government, 2000-2026
V. The comparisonThe Dominican Republic compared with eleven countries in the region, and conclusions

Data files (CSV, column names in Spanish)

How to cite

Economía con Datos (2026). La inflación en República Dominicana: Precios, causas y manejo, 2000-2026 [Inflation in the Dominican Republic: Prices, causes and management, 2000-2026]. Report no. 2. Santo Domingo. https://economiacondatos.org/informes/inflacion-republica-dominicana/