Spanish
Santo Domingo.- The average cost of the family basket nationwide increased by RD$39.59 pesos in the month of May, compared to the previous month.
With that slight increase, the average national family basket is RD$46,768 pesos, with the basic baskets of the highest income groups having the smallest increase.
The baskets of quintiles 4 and 5 (those of the higher income groups) had a smaller increase than those of quintiles 1, 2 and 3.
The baskets of quintiles 1, 2, and 3 registered increases of 0.15%, 0.14%, and 0.125% respectively, driven mainly by increases in the prices of various goods and services, restaurants, hotels, health, and transportation.
In that month, tradable goods registered a reduction of 0.16%, mainly explained by the reduction in the prices of tourist packages, automobiles, and some foods such as bananas, plantains, and potatoes.
However, non-tradable goods and services recorded a monthly inflation of 0.33%, driven by the increase in prices in prepared food outside the home, university education, personal care services, housing rent and motoconcho and bus fares from drivers' associations.
When comparing it year-on-year, inflation was higher in non-tradable goods (4.53%) compared to tradable goods (3.14%), reflecting greater price pressure in local services not exposed to international trade.
