Inflation Dominican Republic 2004
Average inflation: 52.4%
Current Inflation
Inflation is very high at 52.4%, far above the ECB target.
Peak and Trough
The highest inflation was in May at 65.3%. The lowest inflation was in December at 28.7%.
- Highest month
- May: 65.3%
- Lowest month
- December: 28.7%
- Difference
- 36.6 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 73.3%. The lowest price increase was in Core inflation with an average of 47.7%.
- Highest increase
- Food: 73.3%
- Lowest increase
- Core inflation: 47.7%
Historical Context
Current inflation is 32.1% higher than the 5-year average of 20.3%. This approaches the highest level since records began (52.4% in 2004).
- 5-year average
- 20.3%
- 10-year average
- 20.3%
- All-time high (2004)
- 52.4%
- All-time low (2002)
- 5.2%
Trend
Inflation shows an upward trend. Compared to 2003, inflation has risen by +25.2 percentage point.
- Change vs. previous year
- +25.2 percentage points
- Largest monthly swing
- May: +45.2 percentage points
ECB Target
Inflation is 50.4% 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 €152.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2004
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2003 |
|---|---|---|
| January | 50.9% | +37.4 |
| February | 61.4% | +43.4 |
| March | 62.3% | +43.6 |
| April | 63.0% | +44.8 |
| May | 65.3% | +45.2 |
| June | 60.3% | +34.2 |
| July | 55.6% | +25.4 |
| August | 51.8% | +18.8 |
| September | 47.9% | +14.8 |
| October | 46.1% | +13.4 |
| November | 35.5% | -4.6 |
| December | 28.7% | -14.0 |
| Average | 52.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.