February prices climb 0.37%, paced by transportation

Santo Domingo.- The Dominican Republic Central Bank on Wed. said that February prices rose 0.37% over January, paced by transportation.

It said the accumulated inflation for the first two months stood at 0.20%.

“With this result the annualized inflation, that is, measured from February 2018 to February 2019, was 1.19%, below the lower limit of the target range of 4.0% ± 1.0% established in the Monetary Program of 2019,” the Central Bank said on its website.

It adds that the 0.92% jump in gasoline prices in February had the most influence on the higher cost of the transportation group.

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