Inflation Dominican Republic 2008
Average inflation: 10.7%
Current Inflation
Inflation is very high at 10.7%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 14.6%. The lowest inflation was in December at 4.5%.
- Highest month
- August: 14.6%
- Lowest month
- December: 4.5%
- Difference
- 10.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 15.8%. The lowest price increase was in Core inflation with an average of 7.2%.
- Highest increase
- Food: 15.8%
- Lowest increase
- Core inflation: 7.2%
Historical Context
Current inflation is 5.5% lower than the 5-year average of 16.2%.
- 5-year average
- 16.2%
- 10-year average
- 14.5%
- All-time high (2004)
- 52.4%
- All-time low (2005)
- 4.4%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +4.6 percentage point.
- Change vs. previous year
- +4.6 percentage points
- Largest monthly swing
- August: +10.2 percentage points
ECB Target
Inflation is 8.7% 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 €110.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 9.0% | +4.6 |
| February | 8.7% | +3.9 |
| March | 9.7% | +4.2 |
| April | 10.8% | +5.0 |
| May | 10.0% | +3.7 |
| June | 12.2% | +6.3 |
| July | 13.7% | +8.5 |
| August | 14.6% | +10.2 |
| September | 14.6% | +7.8 |
| October | 12.8% | +5.6 |
| November | 7.2% | -1.2 |
| December | 4.5% | -4.4 |
| Average | 10.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.