The median employment income per household in the Ozama region (which includes the National District and Santo Domingo) only covered the 72.3% of the cost of the average basket of family consumption last November, estimated at 49,437.08 pesos for said region, being the lowest percentage compared to the other regions.
The comparison is disclosed by Ministry of EconomyPlanning and Development in its most recent monthly report Macroeconomic Situation, which uses data from the National Continuous Labor Force Survey of the Central Bank.
According to the document, none country region reached the 100% average coverage, with the East region having the highest: 84.7%. This had an average cost of its family basket of 39,496.10 pesos.
The southern region, with an average basket of 34,302.09 pesoshad an average coverage of 80.5%, and the North, with a basket of 40,957.36 pesos reached 76.3 %.
In its report, the Ministry of Economy observes that in the calculation of earned income Income from the main occupation and legal monetary compensation such as Easter royalty, overtime, paid vacations, commission, tips, dividends, bonuses, profits and fringe benefits and other monetary benefits of employed household members are considered. .
Inflation by regions
By segmenting the inflation By regions, the Ministry of Economy observes that the interannual rate in the North was 8.67% last November, “the largest on record” in that month, but “the lowest observed in previous months”.
This region is followed by the South, with 7.96%and the East, with 7.90%. Both also showed lower variations than those observed in previous months.
The Ozama region had the lowest variation between regions, equivalent to 6.62%.
Refering to inflation monthly, the North region, with 0.57%, was the one that registered greater variation in pricesfollowed by the East, with 0.50%.
At the national level, it is officially reported that the price growth continuous slowing down in novemberregistering a inflation year-on-year of 7.58%, meaning a reduction of 2.07 percentage points with respect to the peak of 9.64% registered in April.
The monthly variation was 0.47%placing the inflation accumulated January-November in 6.80%.
The groups with the highest incidence in the monthly growth of prices in November were: food and non-alcoholic beverages (0.23%), miscellaneous goods and services (0.07%), transportation (0.06%), alcoholic beverages and tobacco (0.04%), and restaurants and hotels (0.04%).
The Transport group registered an increase of 0.33% and an incidence of 0.06%, given the air ticket price hikes and cars.
The economic authorities project that, under the current context, the inflation closing around the 7.2% in this 2022.
