Costa Rica’s 2008 inflation hits 13.9 percent

December 24, 2008

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.

Facebook Comments

You may be interested

International drug rehab in Costa Rica with the Costa Rica Treatment Center
Sponsored content
6 views
Sponsored content
6 views

International drug rehab in Costa Rica with the Costa Rica Treatment Center

The Tico Times - April 24, 2019

Costa Rica Treatment Center understands the process of addiction recovery from personal experience. Their evidence-based treatment programs are engineered to…

Costa Rica meets with Inter-American Commission on Human Rights to discuss Nicaragua, Venezuela, indigenous rights
Costa Rica
9 views
Costa Rica
9 views

Costa Rica meets with Inter-American Commission on Human Rights to discuss Nicaragua, Venezuela, indigenous rights

Alejandro Zúñiga - April 23, 2019

Costa Rica’s Minister of Foreign Affairs, Manuel Ventura Robles, met with the Inter-American Commission on Human Rights (IACHR) this week…

Freed Nicaraguan prisoner tells of torture
Central America
52 views
Central America
52 views

Freed Nicaraguan prisoner tells of torture

AFP - April 23, 2019

One Nicaraguan guard pinned his hand to a table with his knee while another ripped out a nail with a…

Do NOT follow this link or you will be banned from the site!