No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCosta Rica meets inflation goal for 2012

Costa Rica meets inflation goal for 2012

Accumulated inflation in Costa Rica during 2012 was 4.55 percent, which means the country achieved its goal of keeping inflation between 4 and 6 percent, the National Statistics and Census Institute (INEC) reported in a release Thursday.

 The INEC report also stated that the figure is lower than the 4.74 percent recorded in 2011, and is the second lowest in the last decade, behind 4.05  percent accumulated in 2009.

During 2012 goods and services that most influenced the indicator were electricity, water, housing rentals, taxis and bus fares, gasoline and private education, according to INEC.

Last December the inflation increase was 0.28 percent, which is also lower than the same month of 2011, when it reached 0.92 percent.

Trending Now

La Negrita: Faith, Unity, and the Heart of Costa Rica

Today, thousands of pilgrims from across Costa Rica are arriving at the Basilica of Our Lady of the Angels in Cartago. They come on...

Chinese Influence in Costa Rica Grows from Business to Education

Will the 21st Century someday be known as the Chinese century? Time will tell. They seem to be off to a good start when...

Empty Stands and Passionate Fans Mark Women’s Copa América 2025

“I didn’t see Pelé, but I saw Marta,” read a sign held by a small but loyal group of fans who followed the ten...

Canada Updates Travel Advisory for Costa Rica Amid Crime Concerns

The Canadian government updated its travel advisory for Costa Rica this week, recommending that its citizens "exercise a high degree of caution" due to...

New U.S. Diplomat Jennifer Savage Takes Charge at Costa Rica Embassy

The U.S. Embassy in Costa Rica named Jennifer Savage as its new chargé d'affaires yesterday. She steps in to lead the diplomatic mission until...

Costa Rica’s Barra Del Colorado: The Perfect Place to Disconnect and Recharge

One of the greatest gifts Costa Rica offers its visitors is the rare chance to truly disconnect from the outside world. This modern world...
L. Arias
L. Arias
Reporter | The Tico Times |
spot_img
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