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

World Tennis Rebrand Boosts Central American Hopes for 2026 Slams

Young players from across our region fill the courts at Panama's Circuito Conteca tournament. More than 120 competitors from six countries, including our own...

MarViva Urges Costa Rica Presidential Hopefuls to Focus on Ocean Protection

Fundación MarViva has rolled out a set of five key priorities for candidates vying for the presidency in the 2026 elections. The group, which...

Inter Miami Crowned MLS Champion as Messi Orchestrates Historic Final

With three goals created by Lionel Messi, Inter Miami were crowned champions of Major League Soccer (MLS) for the first time, beating the Vancouver...

Guatemala Faces Security Crisis After Mayor’s Murder in Festive Parade

Gunmen shot and killed the mayor of Masagua during a Christmas parade in Guatemala on Saturday evening, wounding one of his bodyguards in the...

Expanded 2026 World Cup Draw Brings New Faces and Big Risks

The countdown to the 2026 World Cup, the biggest in football history, begins this Friday with the draw ceremony in Washington, with Donald Trump...

Trump Crackdown Sends More Migrants Back to Venezuela

A plane from the United States landed Friday at Venezuela’s main airport carrying 172 deportees, at a moment when the country has been left...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica