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

Former Costa Rican Minister Arrested for Drug Trafficking, Faces U.S. Extradition

Costa Rica’s judicial police arrested Celso Gamboa, a former security minister and Supreme Court judge, on Monday, following a U.S. request for his extradition...

Honduras Seizes $2 Million, Gold-Plated Pistols in Drug Raid

Honduran authorities struck a blow against drug cartels, seizing over $2 million in cash, war rifles, and flashy gold-plated pistols in Copán, a northwest...

Costa Rican Court Orders Release of Migrants Deported Under Trump Deal

A court on Tuesday ordered Costa Rican authorities to release foreign migrants who had been detained in a shelter after being deported under an...

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....

Panama Regains Control of Bocas del Toro After Violent Protests

Panama’s government has regained control of Bocas del Toro province after months of violent anti-government protests sparked by pension reforms, officials announced. The unrest,...

Costa Rica Maintains Economic Stability Amid Global Tensions

Costa Rica is holding steady economically despite global tensions sparked by conflicts involving Israel, the United States, and Iran, according to Federico Quesada Chaves,...
L. Arias
L. Arias
Reporter | The Tico Times |
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