In 2022, inflation rate for Dominican Republic was 8.8 %. Though Dominican Republic inflation rate fluctuated substantially in recent years, it tended to decrease through 1973 - 2022 period ending at 8.8 % in 2022.
The description is composed by our digital data assistant.Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.