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HomeArchiveInflation Continues To Rise in Costa Rica

Inflation Continues To Rise in Costa Rica

Inflation for 2007 is clearly on track to outstrip that of 2006. The consumer price index was up 1.24% for November, putting accumulated inflation for the year so far at 8.98% – 0.65% higher than for the same period last year.

The prices of food and drink went up 3.59% last month, for a total increase so far this year of 15.86%. The price of dining out also went up 2.72%, while prices of transportation and communication dropped.

Inflation in Costa Rica for the last 12- month period is at 10.09%, one of the highest in Central America.

 

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