Inflation Dominican Republic 2003
Average inflation: 27.2%
Current Inflation
Inflation is very high at 27.2%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 42.7%. The lowest inflation was in January at 13.5%.
- Highest month
- December: 42.7%
- Lowest month
- January: 13.5%
- Difference
- 29.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 27.5%. The lowest price increase was in Core inflation with an average of 23.5%.
- Highest increase
- Food: 27.5%
- Lowest increase
- Core inflation: 23.5%
Historical Context
Current inflation is 14.9% higher than the 5-year average of 12.3%. This approaches the highest level since records began (27.2% in 2003).
- 5-year average
- 12.3%
- 10-year average
- 12.3%
- All-time high (2003)
- 27.2%
- All-time low (2002)
- 5.2%
Trend
Inflation shows an upward trend. Compared to 2002, inflation has risen by +22.0 percentage point.
- Change vs. previous year
- +22.0 percentage points
- Largest monthly swing
- December: +32.2 percentage points
ECB Target
Inflation is 25.2% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €127.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2003
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2002 |
|---|---|---|
| January | 13.5% | +11.1 |
| February | 18.0% | +15.7 |
| March | 18.7% | +14.8 |
| April | 18.2% | +14.2 |
| May | 20.1% | +16.8 |
| June | 26.1% | +22.1 |
| July | 30.2% | +25.5 |
| August | 33.0% | +28.1 |
| September | 33.1% | +27.7 |
| October | 32.7% | +24.5 |
| November | 40.1% | +31.3 |
| December | 42.7% | +32.2 |
| Average | 27.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.