No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCosta Rica's 2008 inflation hits 13.9 percent

Costa Rica’s 2008 inflation hits 13.9 percent

Costa Rica ended 2008 with an inflation rate of 13.9 percent, significantly more than 2007´s 10.81 percent inflation, the National Statistics and Census Institute (INEC) reports.

Bucking an almost yearlong trend, however, December´s price index dipped 0.42 percent below November´s, owing to several drops in fuel costs.

All told, food and non-alcoholic beverages were the main drivers behind 2008´s inflation, registering prices 22.8 percent over those registered in 2007.

Inflation for the year settled just a hair below the Central Bank´s prediction in August that inflation would reach 14 percent.

Trending Now

Prisma Dental in Costa Rica Keeps Customers Happy and Smiling

I am 81 years old and have had teeth removed, bridges, and cavities fixed several times to sustain my ability to eat and function....

Costa Rica Faces Scrutiny After Murder of Exiled Nicaraguan Officer

The Costa Rican government is facing growing criticism after the murder of exiled Nicaraguan military officer Roberto Samcam, who was shot to death in...

Costa Rica Introduces New ₡500 Coin: Old One No Longer Valid

Visitors to Costa Rica this month should be aware of an important change to the country’s currency. As of Tuesday, July 1, the old...

Hondurans March to Mark 2009 Coup as Election Battle Heats Up

Thousands of government supporters marched Saturday in the capital of Honduras to commemorate the anniversary of the 2009 coup that ousted then-leftist President Manuel...

Costa Rica Identified as Key Maritime Route for Cocaine Trafficking

Costa Rica appears among the main maritime and aerial routes for cocaine trafficking between South and North America, according to the World Drug Report 2025 published...

An Expat’s Take: 5 Burning Questions About Life in Costa Rica Right Now

Have you been keeping up with the various events taking place in Costa Rica? There is always something interesting going down, and here are...
Avatar
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica