January Inflation Lower than Past Years
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.
You may be interested
Events
2692 views
Events
2692 views
Happy Fourth of July from The Tico Times
Alejandro Zúñiga - July 4, 2020Happy Fourth of July from all of us at The Tico Times! Break out your red, white and blue, rehearse…
Costa Rica
21136 views
Costa Rica
21136 views
Costa Rica coronavirus data for July 3, 2020
Alejandro Zúñiga - July 3, 2020Costa Rica confirmed 288 new cases of the coronavirus over the past day, totaling 4,311 cumulative known cases, the Health…
News
637 views
News
637 views
Fired for criticizing government’s response to pandemic, Nicaraguan doctors remain on the front line
AFP and The Tico Times - July 3, 2020Unemployed and emotionally worn, Nicaraguan doctors fired from the public health system for criticizing the government's handling of the pandemic…
![Costa Rica has reapplied measures. Here’s what’s open [updated]](https://ticotimes.net/wp-content/uploads/2015/07/150717Route27-700x467.jpg)
