September prices climb .38%, paced by foods

Santo Domingo.- Consumer prices rose 0.38% in September compared to the previous month, with which accumulated inflation stands at 2.38%, Dominican Republic’s Central Bank said on its website Wed..

It said year-on-year inflation, measured from September 2018 to September 2019, was 2.02%, staying below the lower limit of the target range of 4.0% ± 1.0% established in the Monetary Program.

“In the accumulated inflation during the period January-September 2019, the variation of the Food and Non-Alcoholic Beverages group (5.62%) has mainly affected, which explains approximately 65% of the accumulated increase in the first nine months of the year.”

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