He Central Bank of the Dominican Republic (BCRD) on Wednesday that the Consumer Price Index (CPI) experienced a monthly variation of 0.37 % in January 2025.
Through a press release it was explained that with that result Interannual inflation Measure from January 2024 to the same month of 2025 is located at 3.32 %, remaining Between the lower limit and the center of the target range of 4.0 % ± 1.0 % per fourteen consecutive months, that is, since December 2023.
The BCRD explained that, with respect to Inflation Interannual underlying, it was 4.03 % in January 2025, by registering a monthly variation of 0.48 % in that month.
This way, Inflation Interannual underlying is maintained around the center of the objective established by the governing body.
“This indicator allows you to extract clearer signals for driving Monetary policybecause it excludes some articles that normally do not respond to liquidity conditions in the economy, such as food, with great variability in its prices; the Fuelshe transport and services with regulated prices such as Electric feeIn addition to alcoholic beverages and tobacco, “the BCRD said.
Variation by groups
In the comparative analysis of the month of January 2025 with December 2024, the report establishes that the behavior of the food group and Non -alcoholic drinks experienced a variation of 0.83 %, explaining more than half of Inflation of 0.37 % registered in the first month of the year.
He Central Bank He stressed that the second group with the greatest participation in the CPI basketthat is to say, Transportexhibited a negative rate of 0.29 %, mainly due to pricing falls in air tickets, which partially compensated for the behavior of Inflation In the reference month.
He also indicated that the subsidy to domestic fuelss arranged by the Executive Power has mitigated the impact of this group on the variation of the general CPI.
He Monthly report It emphasizes that, regarding Food itemits variation was explained by the increases in the prices of products such as Fresh chicken, coffee, bananas green and ripe, avocadosoranges, soft drinks, lettuce, cod, eggsamong others, which were partially compensated by the Price reductions of onions, garlic and potatoes.
The IPC of the item Restaurants and hotels It showed a variation of 0.71 % due to increases in the prices of prepared food services outside the home. It is worth mentioning that this increase is derived from increases in some supplies that directly affect the price to the consumer of these food services.
Regarding the group Dwellingthis evidenced a inflation rate 0.29 % as a result of Increases in housing rental prices and paintings.
On the other hand, The price index of the various goods and services group presented a variation rate of 0.27 % due to the price increases in some services and Personal care articles.
While the group Health He reported one inflation of 0.50 % influenced by The increases Verified in pharmaceutical products, highlighting antihypertensives, analgesics and anti -inflammatories.
Inflation of tradable and non -tradable goods
The IPC Of the tradable goods he experienced a variation of 0.33 % in January 2025, for the increase of some food goods. In addition, they contributed the increases registered in the prices of vehicles, tour packages, among others.
Similarly, the monthly variation of assets index and non -tradable services stood at 0.40 %.
The BCRD explained that inflation by geographical regions in the month of January 2025 compared to December 2024 shows that the price index of the Ozama region, which includes the National District and the Santo Domingo province, grew by 0.26 %, the northern region at 0.48 %, this at 0.38 %and South at 0.43 %.
The most pronounced inflation rate in the northern region responds to a higher incidence of non -alcoholic food and housing groups. Meanwhile, the slightest variation observed in the Ozama region results from a greater negative contribution of the transport group
Inflation by quintiles
The monetary entity concluded that the results of the price indices per Socio -economic strata They reflected rates of inflation of 0.38 % in Quintil 1, 0.42 % in Quintil 2 and 0.46 % in the Quintil 3. The quintiles of higher income, quintiles 4 and 5, these presented variations of 0.47 % and 0.20 %, respectively.
The lowest verified rate in Quintil 5 is explained by the combined effect of a greater incidence of The reductions in air passage prices and a lower contribution of food increases.
While Quintil 4 presented the highest rate, driven by the increase in vehicle prices.
The lower income quintiles 1, 2 and 3 were impacted by the increases in the prices of food products.
Inflationamong the minors in the region
“It is important to highlight that, Inflation year -on -year of 3.32 % registered in January 2025 in accordance with the latest information available to date is among the children of Latin Americaafter the dollarized economies of the region (Panama, Ecuador and El Salvador), as well as Nicaragua, Peru, Guatemala and Costa Rica, “said the Central Bank.
In this sense, it is expected that Inflation of the Dominican Republic would remain within the target range of 4.0 % ± 1.0 % during the year 2025.
He Central Bank He said he remains monitoring External conditions and internal, “adopting the necessary measures in a timely manner to preserve macroeconomic stability and contribute to the indicator of prices evolution to continue around the objective established in the monetary program.”
