Costa Rica Coffee Guide

Costa Rica’s inflation registers 4.26 percent in November

December 6, 2012

November registered the highest inflation rate of the year, mainly due to increases in water and electricity rates and bus fares.

The National Statistics and Census Institute (INEC) reported that between January and November, inflation reached 4.26 percent, a higher percentage than that in the same period last year, when it reached  3.79 percent.

According to INEC, the annual variation increased 5.22 percent, while a year ago, it was 4.56 percent.

The study notes that one of the factors that prevented even higher figures in the cost of living was a reduction in fuel prices.

The Costa Rican Central Bank’s target is to close the year with an inflation rate of 4-6 percent.

Of the 292 products and services included in the basic food basket, 56 percent increased in cost in November, 12 percent remained unchanged and the remaining 32 percent decreased.

Goods and services with the biggest increases during 2012 are cigarettes and alcohol (31.5 percent), rent (13.7 percent), education (7.3 percent), transport (6 percent) and health (5 percent).

You may be interested

Costa Rica immigration offices to remain closed until October
Costa Rica
5551 views
Costa Rica
5551 views

Costa Rica immigration offices to remain closed until October

Alejandro Zúñiga - September 19, 2020

The Immigration Administration on Friday said its main and regional offices will remain closed until October due to the coronavirus…

Pic of the Day: Hopping into the weekend
Pic of the Day
778 views
Pic of the Day
778 views

Pic of the Day: Hopping into the weekend

Alejandro Zúñiga - September 19, 2020

Happy weekend from all of us at The Tico Times! [caption id="attachment_62085" align="aligncenter" width="740"] (Courtesy of Brian Kubicki)[/caption] [caption id="attachment_111342"…

Top dental clinics in Costa Rica meet patient needs in the age of COVID
Dental Tourism
2504 views
Dental Tourism
2504 views

Top dental clinics in Costa Rica meet patient needs in the age of COVID

Vayolla Quiros / Goodness Dental - September 18, 2020

The Centers for Disease Control and Prevention (CDC) released its guidelines for dental settings in response to the COVID-19 pandemic.…