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View Full Version : Inflation in August was -0.6%



NewsWhore
09-11-2007, 04:40 PM
According to the Central Bank, the inflation rate for August, measured by the Consumer Price Index (CPI), was at -0.6%. The accumulated rate for the year dropped to 3.9%. The report by the Central Bank indicates that the CPI from August 2006 to August 2007 was 4.6%. The DR has projected a 6%-7% inflation rate at year's end. The decline is attributed to the stability of the exchange rate (RD$33.10 for purchase and RD$33.60 for cash sales) and slight decline in fuel prices.

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