Dominican Inflation Hits 5.14% on Fuel Costs
Dominican consumer prices rose 0.58% in October as fuel costs lifted transport, pushing yearly inflation to 5.14%, just above the central bank's ceiling. The post Dominican Inflation Hits 5.14% on Fuel Costs appeared first on The Rio Times .
The Dominican Republic's inflation rate surged to 5.14% in October 2026, primarily driven by rising fuel costs and transport expenses. The central bank reported a monthly consumer price index (CPI) of 0.58%, up from 0.33% in September and the highest yearly inflation rate since late summer. Transport accounted for the largest share of price increases at 1.57%, followed by a 0.41% rise in food and non-alcoholic drinks.
The central bank aims for 4.0% inflation, making the October figure 0.14 points above the 5% target ceiling. Food and restaurant prices also increased by 0.48%. Core inflation, which excludes volatile items like fuel and some fresh produce, fell to 4.54% year on year, staying within the 3% to 5% target range for the third consecutive month.
The central bank left its policy rate unchanged at 5.50%, leaving investors to watch for further fuel price hikes and core inflation trends.
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