No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveJanuary Inflation Lower than Past Years

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.
 

Popular Articles

American Dream Dies: Migrants Flee Trump’s Deportation Push

Saudy Palacios crossed the dangerous Darién Gap jungle, on the border between Panama and Colombia, with the dream of reaching the United States, having...

Basketball Icon Michael Jordan Touches Down Again in Costa Rica

Basketball legend Michael Jordan has returned to Costa Rica for the third time this year. The former NBA star and Hall of Famer has...

Inside Panama Migrant Shelter Housing Deported Asian Refugees

In a shelter in the jungle province of Darién, guarded by Panamanian officers, around a hundred Asian migrants wait to be found a country...
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait

Latest Articles