*The Dominican Republic’s central bank (BCRD) has released new figures which show that monthly inflation stood at -0.04% in May, while the annual rate was 3.20%. This is up from -0.10% in April when the annual rate was 3.03%. The annual rate remains within the bank’s target range of 4.0% +/-1.0. The BCRD points out that the Dominican Republic’s annual inflation rate remains among the lowest in the region, bar those with dollarised economies (Panama, Ecuador, and El Salvador).
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LatinNews Daily - 10 June 2024
In brief: Dominican Republic monthly deflation decreases
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