• Tico Travel Surfing
  • Squaremouth travel insurance button 468x106
  • Costa Rica Real Estate

Inflation in Costa Rica closed in 2019 at 1.52%, below the official target

January 8, 2020

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

Migration from Central America to the US drops by 75%
immigration
38 views
immigration
38 views

Migration from Central America to the US drops by 75%

AFP and The Tico Times - February 20, 2020

Migration from the countries of northern Central America to the United States has been reduced by more than 75% since…

With Ukraine’s support, Costa Rica evacuates citizens from Wuhan, China
Costa Rica
48 views
Costa Rica
48 views

With Ukraine’s support, Costa Rica evacuates citizens from Wuhan, China

Alejandro Zúñiga - February 20, 2020

The Foreign Ministry of Costa Rica on Wednesday initiated the evacuation of two Ticos who were residing in Wuhan, China,…

Saprissa rescues agonized draw against Montreal Impact in Champions League
Soccer
26 views
Soccer
26 views

Saprissa rescues agonized draw against Montreal Impact in Champions League

AFP and The Tico Times - February 20, 2020

Deportivo Saprissa rescued in the last breath a 2-2 draw against the Montreal Impact in the first leg of the…

Do NOT follow this link or you will be banned from the site!