Economy June 9, 2016 | 12:21 pm

May prices climb 0.25%, paced by transport

Santo Domingo.- Dominican Republic’s Central Bank on Thursdaysaid May prices climbed 0.25%, with accumulative inflation of -0.42% for thefirst five months this year.

“With this result, the annualized inflation, measured fromMay 2015 to May 2016 stood at 1.71%, remaining below the lower limit of thetarget set by the Monetary Program 4.0% (± 1.0%),” the Central Bank said in anemailed statement.

It said a higher cost on transport (1.28%) and on housing(0.62%), had the most influence in May’s inflation.

It adds however that the price of food and non-alcoholicbeverages fell 0.39% percent.

0 0 votes
Article Rating

0 Comments
Inline Feedbacks
View all comments