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
Costa Rica
1 views
Costa Rica
1 views
Commemorative stamps mark Costa Rica’s path to 200 years
The Tico Times - April 21, 2021Costa Rica is celebrating its bicentennial this year, and the country is marking the occasion with, among other things, a…
Costa Rica
12 views
Costa Rica
12 views
Costa Rica coronavirus data for Tuesday, April 20
The Tico Times - April 20, 2021Costa Rica registered: 1,069 new cases of Covid-19 on Wednesday, April 14; 1,121 on Thursday, April 15; 1,044 on Friday,…
Costa Rica
11 views
Costa Rica
11 views
Costa Rica shines in World Press Freedom Index
AFP - April 20, 2021The annual report by Reporters Without Borders (RSF) said Tuesday that journalism was at least partly blocked in nearly three-quarters…
