January Inflation Lower than Past Years

The Tico Times February 8, 2008

Inflation went up only 0.73% last month, the second-lowest January inflation numbers in a decade. Decreasing costs in clothing, transportation and communications helped keep the numbers low.

Food costs, however, continued to rise. The cost of food and non-alcoholic drinks went up 0.94%, meaning that for the last 12-month period food has increased 20.54% in price.

Rises in the costs of housing and education were also steep, coming in at 2.40% and 3.13%, respectively.

Cumulative inflation for the last 12 months remains above 10%. The Central Bank has set its inflation target for 2008 at 8%, plus or minus one point.

Costa Rica expands network of tsunami-alert sirens in ocean towns

Alejandro Zúñiga - September 18, 2020

The National Emergency Commission (CNE) is installing tsunami-alert sirens in five Puntarenas towns, the institution announced this week. The communities…