• Costa Rica Coffee Guide

Costa Rica inflation continues to slow in February

February 27, 2009

Prices of basic goods and services during January and February combined rose by 0.82 percent, slowing by 1.85 percent from the same period last year, according to the National Statistics and Census Institute (INEC).

Inflation in February alone was 0.44 percent, below the 1.11 percent registered the same month in 2008, the institute said in its latest Consumer Price Index (IPC). The index details price changes in different areas from services to products to entertainment.

Last month, the groups that increased the most included food and beverages consumed outside the home (0.76 percent), clothing and footwear (0.75 percent) and house rental fees and services (4.68 percent).

The IPC tracks the basic consumer basket, which includes more than 292 essential or commonly used products and services.

From that basket, 65 percent registered a hike in their prices when compared to January´s prices, while only 28 percent showed a decrease. The remaining 7 percent of products and services showed no variation.

In a statement released on Tuesday regarding the INEC monthly report, the consulting firm Aldesa said the moderation of economic activity worldwide along with the drop of prices of commodities and the increase of interest rates on a local level would continue to temper inflation.

You may be interested

MOPT leader investigated for corruption in Costa Rica
Costa Rica
43 views
Costa Rica
43 views

MOPT leader investigated for corruption in Costa Rica

AFP and The Tico Times - June 24, 2021

The Minister of Public Works and Transportation of Costa Rica, Rodolfo Méndez, became one of those investigated in an alleged…

Human rights body demands protection of Nicaraguan opposition
Costa Rica
21 views
Costa Rica
21 views

Human rights body demands protection of Nicaraguan opposition

AFP - June 24, 2021

The Organization of American States' human rights arm on Wednesday urged its judicial counterpart to protect four opposition Nicaraguan politicians…

Costa Rican Olympian Hennessey Was Born To Surf
News
4 views
News
4 views

Costa Rican Olympian Hennessey Was Born To Surf

Sponsored Content - June 23, 2021

It’s a long way from the jungles of Costa Rica to the Olympic Stadium in Tokyo, but it is a…

The Tico Times | Top Costa Rica News, Travel, Culture and Sports