Inflation in Costa Rica closed in 2019 at 1.52%, below the official target
Inflation in Costa Rica reached 1.52% in 2019, below the 3% target set by the Central Bank, the official statistical agency said Wednesday.
According to the National Institute of Statistics and Census (INEC), the consumer price index had a negative variation of -0.12% in December.
This is the fifth consecutive year that the inflation index closes below the 3% target that the Central Bank has maintained in recent years.
The negative variation in December prices was mainly due to decreases in food and non-alcoholic beverages, communications and transportation (-0.55%).
The strongest increases in the last month of 2019 were in restaurant and accommodation services (0.74%) and clothing and footwear (0.58%).
You may be interested
USA books Costa Rica friendly with eye to World Cup rhythmAFP - May 5, 2021
The United States men will face Costa Rica in a June 9 friendly, the US Soccer Federation said Wednesday, booking…
PSA: Airlines end flexible travel waiversThe Tico Times - May 5, 2021
Many U.S. airlines have ended flexible travel waivers that allowed travelers to change or cancel flights at no cost during…
Costa Rica improves access to emergency contraceptivesAlejandro Zúñiga - May 5, 2021
Costa Rica's public-health system has made emergency contraception available to "any woman who has had a sexual relationship with the…