High food prices propel Costa Rica inflation past 15%

Tico Times August 29, 2008

Fed by high food costs, consumer prices in August rose 1.79 percent, adding to Costa Rica’s steady inflationary rate that during the past year has surpassed 15 percent.

Groceries and nonalcoholic beverages led the upward charge, rising 2.42 percent in August and 26.6 percent since last September, according to National Statistics and Census Institute (INEC).

Transportation costs rose 3.19 percent in August, bringing their 12-month increase to just over 19 percent, while entertainment and cultural events rose 2 percent last month.

The 15.4 percent increase in consumer prices between September 2007 and August was the largest for that period in more than 10 years.

Between September 2006 and August 2007, consumer prices rose 8.56 percent, according to INEC.

Some 34 million jobs lost in Latin America due to pandemic

Carlos MANDUJANO / AFP - September 30, 2020

The two aspirers for the presidency of Costa Rica, the evangelical preacher Fabricio Alvarado and the former minister Carlos Alvarado, reach the closing of the electoral campaign for April 1st with a technical draw, according to a poll disclosed this Friday.