January Inflation Registers at 1.17%
Costa Rica registered a monthly inflation of 1.17% in January.
This rate represents a decrease from the January inflation rates reported in 2005 (1.96%) and 2004 (1.70%), according to the National Statistics and Census Institute (INEC). Inflation over the past 12 months was 13.20%; inflation for 2005 was 14.07% – a level exceeded only by Venezuela in Latin America, according to EFE wire service.
Central Bank President Francisco de Paula Gutiérrez has announced an inflation target rate of 11% for 2006, and 10% for 2007 (TT, Jan. 27).
You may be interested
Canada helps protect vulnerable sectors in Central America against pandemicAFP - September 18, 2020
Canada has allocated more than half a million dollars in aid to combat Covid-19 in vulnerable sectors of Nicaragua, Honduras…
Costa Rica to propose fiscal adjustments before negotiations with IMFAlejandro Zúñiga - September 17, 2020
The Costa Rican government on Thursday will announce details about its upcoming negotiations with the International Monetary Fund (IMF), from…
Costa Rica coronavirus updates for Thursday, September 17Alejandro Zúñiga - September 17, 2020
Costa Rica announced 17 new coronavirus-related deaths over the last day for a total of 666, according to official data…