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Dominican Republic

Inflation stands at 3.06% in ten months of this year

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The consumer price index (CPI) registered a variation of 0.67% in October 2019 compared to September and the accumulated inflation in the January-October period stood at 3.06%.

With this result, year-on-year inflation, measured from October 2018 to October 2019, stood at 2.48%, staying below the lower limit of the target range of 4.0% ± 1.0% established in the Monetary Program, indicates the Central Bank (BCRD.

More expensive foods
The group with the greatest contribution to the variation in the general CPI was Food and Non-Alcoholic Beverages, with an increase of 1.22%, accounting for approximately half of the month’s inflation. They are followed by Transportation, with an inflation of 0.82%, Alcoholic Beverages and Tobacco (2.37%) and Housing (0.62%).

 Inflation, Central Bank, Monetary Program, Food. 

The greatest variations were recorded in green bananas (7.11%), green pigeon peas (16.89%), garlic (9.90%), onions (7.49%), peppers (9.57%), lettuce (23.79%), black beans, carrots, ripe bananas, sour lemons, green bananas, vegetables, rice, eggplant and American taro. While others fell in price: fresh chicken (-0.97%), yam (-5.54%), avocados, eggs, and oranges.

Credit portfolio
The 0.82% growth in the Transportation group is due to increases in the prices of gasoline, LPG and diesel.

Housing
The 2.92% increase in the price of LPG for domestic use and rents was reflected with a 0.62% increase in the Housing group.





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Dominican Republic

Civic group demands a fence along entire 388KM Haiti border

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Isaías Ramoss

Santo Domingo.- Civic and Social Front president, Isaías Ramos, on Fri. called on the population to demand the continuity of the perimeter fence along the entire 388-kilometer Dominican Republic-Haiti border.

Ramos said that it’s not difficult to traffic illegal aliens at the border, “where today there is abundance of chaos, disorder, anarchy and insecurity that affect our sovereignty, the security of our citizens and authorities.”

He said i’is not enough to build 50 or 60 km that will only move the illegal operation and make it a little more difficult.





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Dominican Republic

Dominican Republic’s military to monitor commuters

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Santo Domingo.- The Defense Ministry will expand the video surveillance system through real-time monitoring of the entire routes of the Metro and the Cable Car of Santo Domingo, (MIDE), according to an agreement signed with the Transport Reform Office (OPRET).

The agreement signed on October 30 stipulates that the objective is to facilitate “the interconnection of the Command Center, Control, Communications, Computers and Intelligence to the OPRET Video Management Systems, for real-time monitoring, in the different Metro and Cable Car lines.”

It adds that OPRET will provide the necessary access to Defense, which allows the connection to the systems, for real-time monitoring of the different lines of the Metro and Cable Car of Santo Domingo.

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Dominican Republic

All fuel prices remain unchanged

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Los-Patos-Barahona-soft pebble-beach. hoto-elbrahonero..

Santo Domingo.- Fuel prices (in gallons) for the week from December 21 to 28 remain unchanged:

Premium gasoline RD$229.10.

Regular gasoline RD$214.20.

Regular diesel at RD$181.10.

Optimal diesel RD$193.80.

Avtur RD$144.30.

Kerosene RD$170.90.

Fuel oil RD$92.06.

Propane (LPG) RD$101.00.

Natural gas remains at RD$28.97 per cubic meter.





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