Macroeconomic Forecast Dominican Republic

February 2006 | Macroeconomic Forecasts

The consumer price index increased by 0.96% m-o-m in December, bringing annual inflation for 2005 down to 7.44%, compared with 28.74% during the previous year. If oil-related expenses were removed from the CPI basket, inflation for 2005 would come in at just 2.72%. The central bank has demonstrated its tight control of monetary policy over recent months, and our forecast is for 4.0% inflation by year-end

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