Inflation Dominican Republic 2022

Average inflation: 8.8%

Current Inflation

Inflation is very high at 8.8%, far above the ECB target.

Peak and Trough

The highest inflation was in April at 9.6%. The lowest inflation was in November at 7.6%.

Highest month
April: 9.6%
Lowest month
November: 7.6%
Difference
2.0 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Energy with an average of 17.4%. The lowest price increase was in Core inflation with an average of 7.0%.

Highest increase
Energy: 17.4%
Lowest increase
Core inflation: 7.0%

Historical Context

Current inflation is 3.6% higher than the 5-year average of 5.2%.

5-year average
5.2%
10-year average
4%
All-time high (2004)
52.4%
All-time low (2015)
0.8%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +0.6 percentage point.

Change vs. previous year
+0.6 percentage points
Largest monthly swing
January: +2.5 percentage points

ECB Target

Inflation is 6.8% 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 €108.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Inflation by category

Food
11.1%
+2.3vs avg.
More details →
Energy
17.4%
+8.6vs avg.
More details →
Core inflation
7.0%
-1.8vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2021
January 8.7% +2.5
February 9.0% +1.9
March 9.1% +0.8
April 9.6% 0.0
May 9.5% -1.0
June 9.5% +0.2
July 9.4% +1.5
August 8.8% +0.9
September 8.6% +0.9
October 8.2% +0.5
November 7.6% -0.6
December 7.8% -0.7
Average 8.8%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also