Foods again pace 0.66% higher prices in August
Santo Domingo. – Dominican Republic’s Central Bank on Monday said August prices climbed 0.66% higher than in July, as measured by the Consumer Price Index.
It said foods, non-alcoholic beverages and housing led the increase.
It adds that the accumulated inflation from January to August was 3.0 %, and 5.30% over the last 12 months,
“The annualized core inflation also experienced a reduction from 5.25% in July to 4.70% in August. This indicator measures the inflation tendency of a monetary origin, isolating prices from the effects of exogenous shocks, for which clearer signals can be extracted to conduct monetary policy.”
Foods also led the 0.62% jump in July’s prices.
Category: DR News |