DOMINICAN'S MID-YEAR INFLATION AT 1.76 PCT

16 Jul 2013 07:54

SANTO DOMINGO, July 15 (BERNAMA-NNN-PRENSA LATINA) -- The Consumer Price Index (CPI) in the Dominican Republic completed the first six months of this year at 1.76 per cent, the central bank has said.

According to a central bank report, the parameter reached 0.04 per cent last month and kept on a downward trend after reaching 1.91 per cent in late April.

In the past twelve months, the inflation, which has been recorded since June 2012, reached 4.80 per cent.

Food and non-alcoholic drinks showed the most positive results in the CPI results.

By the end of 2013, the central bank expects an inflation rate of 5 per cent, with 1 per cent estimated to be over or below that number.

--BERNAMA-NNN-PRENSA LATINA

SS RT