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.