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Well before the start of the 2025-2026 fiscal year, annual inflation was on the rise over roughly a one-year period.
Well before the start of the 2025-2026 fiscal year, annual inflation had been rising over a period of about a year. However, from November 2025 to March 2026, there was a downward trend in inflation, which resumed its upward path in April 2026. So, in the latest BRH release, the “Monthly Inflation Note for April 2026,” the institution felt it was necessary to provide some explanations to better understand the inflation dynamics observed so far. In this article, we present the main points of this BRH publication.Right from the start, the BRH Note explained the evolution of overall inflation in April 2026. “The disinflationary trend observed during the first half of the 2025-2026 fiscal year reversed in April 2026, as reflected in the sharp increase of the consumer price index both on an annual and monthly basis,” the Note says, highlighting that the monthly inflation rate was 3.4% in April 2026, up from 0.8% the previous month. Year-on-year, the inflation rate reached 21%, a 0.4 percentage point increase compared to March 2026.
“However, when looking at the period from October 2025 to April 2026, monthly inflation continues to be lower than what was recorded during the same period last year (9.4% vs. 18.2%). Despite the slowdown in the average monthly rate compared to the first seven months of fiscal 2025 (1.3% vs. 2.8%), it still remains higher than what is seen in our main trading partners, especially the Dominican Republic (0.5%),” notes the BRH.
