No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveInflation in 2004 Highest in Five Years

Inflation in 2004 Highest in Five Years

INFLATION of the colón in 2004totaled 13.13%, the highest yearly total inthe past five years, the National Statisticsand Census Institute (INEC) reportedTuesday.According to the state institute, oilproducts were most affected by high inflation,the price of which rose 35.89% comparedto the year before.Other factors that influenced the highinflation rate were electricity (16.9%),urban transport (10.3%), water bills(30.5%), and the prices of some basicproducts such as rice (8.9%).Since 2000, inflation has maintained arange from 9.68%-10.96%, but the rise inprices of oil products on an internationallevel affected inflation in 2004.

Trending Now

How To Roast a Thanksgiving Turkey With Cornbread and Pecan Stuffing in Costa Rica

If you’re spending Thanksgiving in Costa Rica, the basics of a good turkey don’t change: crisp skin, juicy meat and lots of gravy. What...

El Niño Causes Massive Coral Die-Off at Costa Rica’s Isla del Caño

Scientists report that the 2023-2024 El Niño event delivered a severe blow to coral reefs around Isla del Caño, one of Costa Rica's key...

Five Things to Know About Honduras Ahead of the Elections

A president sent out of the country in his pajamas, another locked up in a U.S. prison for drug trafficking, deep turquoise waters that...

Fans Upset Over Last-Minute Changes to Bad Bunny’s Costa Rica Show Setup

Fans of Puerto Rican superstar Bad Bunny expressed frustration this week after organizers announced last-minute alterations to the stage setup for his upcoming concert...

Miami eyes first MLS final with Messi in unstoppable form

Inter Miami is within reach of its first MLS final in Saturday’s clash against New York City, a game it enters as favorite thanks...

Costa Rica Faces Escalating Gender Violence Crisis, Ombudsman Warns

Costa Rica's Ombudsman has sounded the alarm on a deepening crisis of violence against women, with femicides hitting a peak not seen in over...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica