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Food, goods and services drive Costa Rica inflation
Costa Rica
2322 views
Costa Rica
2322 views

Food, goods and services drive Costa Rica inflation

AFP and The Tico Times - July 6, 2019

Costa Rica recorded inflation of 0.27% in June, which brought the consumer price index for the last 12 months to 2.42%, close to the target set for…

Unemployment in Costa Rica falls slightly; more women join workforce
Costa Rica
598 views
Costa Rica
598 views

Unemployment in Costa Rica falls slightly; more women join workforce

Alejandro Zúñiga - May 6, 2019

Unemployment in Costa Rica fell to 11.3% in the first trimester of 2019, according to data released last week by the National Statistics and Census Institute (INEC).…

IMF projects economic slowdown in Costa Rica in 2018
Costa Rica
3999 views
Costa Rica
3999 views

IMF projects economic slowdown in Costa Rica in 2018

AFP and The Tico Times - December 13, 2018

The economy of Costa Rica will slow in 2018 and reach a growth of 2.6% on the year, concluded a report from a team of International Monetary…

Costa Rica enforces new methodology for calculating dollar exchange rate
Business
5078 views
Business
5078 views

Costa Rica enforces new methodology for calculating dollar exchange rate

L. Arias - July 6, 2017

The Central Bank of Costa Rica (BCCR) has enforced a new methodology to calculate the reference exchange rate of the US dollar, and it has already showed…

Dollar exchange rate down following Central Bank’s intervention announcement
Business
4450 views
Business
4450 views

Dollar exchange rate down following Central Bank’s intervention announcement

L. Arias - May 26, 2017

The Central Bank of Costa Rica (BCCR) will intervene in the foreign exchange market in order to curb the sustained hike in the exchange rate of the…

Dollar exchange rate reaches highest price in seven years
Business
5608 views
Business
5608 views

Dollar exchange rate reaches highest price in seven years

L. Arias - May 19, 2017

The exchange rate of the Costa Rican colón against the dollar reached ₡581.90 (to sell) and ₡569.26 (to buy) on Thursday, the highest since January 2010. The…

State of the Nation: President Solís highlights economic growth, urges fiscal reforms
Business
3355 views
Business
3355 views

State of the Nation: President Solís highlights economic growth, urges fiscal reforms

L. Arias - May 4, 2017

President Luis Guillermo Solís said he knows that the change he promised during his campaign has not been exactly what the people expected, but said that “Costa…

Dollar exchange rate maintains slight upward trend this year
Business
3096 views
Business
3096 views

Dollar exchange rate maintains slight upward trend this year

L. Arias - April 4, 2017

The exchange rate of the Costa Rican colón against the dollar increased by ₡6 during the first four months of this year, according to official data from the Central…

Consumer optimism remains low in Costa Rica
Business
2278 views
Business
2278 views

Consumer optimism remains low in Costa Rica

L. Arias - March 2, 2017

Consumer confidence in Costa Rica’s economic outlook showed slight improvement over the past quarter but remains low, researchers from the University of Costa Rica (UCR)’s School of Statistics have found. The…

Will Donald Trump’s victory affect Costa Rica’s economy?
Business
2010 views
Business
2010 views

Will Donald Trump’s victory affect Costa Rica’s economy?

L. Arias - November 10, 2016

The victory of Donald Trump in the U.S. presidential elections provoked a cautious initial response from Costa Rican government officials regarding possible implications for the country, while…

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