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

Nicaragua shows jailed Bayardo Arce after disappearance allegations

The Nicaraguan government published photos on Sunday of historic Sandinista commander Bayardo Arce after his children denounced the forced disappearance of the former ally...

Costa Rica Becomes a Migration Hub for U.S. Deportations Again

Costa Rica has signed a new agreement with the United States that could make the Central American nation a regular stopover for migrants being...

Cuba Children’s Heart Hospital Faces Hard Choices as Fuel Crisis Deepens

Doctors at Cuba’s main pediatric cardiac hospital are facing heartbreaking dilemmas as a U.S.-imposed fuel blockade puts even more pressure on the island’s fragile...

Living in Costa Rica: The Experiences That Make It Feel Like Home

The Costa Rica checklist. For the average visitor, it reads something like: Volcano, cloud forest, rain forest, beach, waterfall, coffee tour, etc. Think of...

Costa Rica Court Orders Urgent Action on Illegal Mining in Crucitas

Costa Rica's Constitutional Chamber, known as Sala IV, has condemned the government's repeated failure to act against illegal mining in Crucitas, a remote area...

Costa Rica to Accept 25 Deportees From the US Each Week

Costa Rica’s new migration agreement with the United States is starting to look less like a one-off diplomatic gesture and more like a regular...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica