January Inflation Registers at 1.17%
Costa Rica registered a monthly inflation of 1.17% in January.
This rate represents a decrease from the January inflation rates reported in 2005 (1.96%) and 2004 (1.70%), according to the National Statistics and Census Institute (INEC). Inflation over the past 12 months was 13.20%; inflation for 2005 was 14.07% – a level exceeded only by Venezuela in Latin America, according to EFE wire service.
Central Bank President Francisco de Paula Gutiérrez has announced an inflation target rate of 11% for 2006, and 10% for 2007 (TT, Jan. 27).
You may be interested
Adaptive surfing, part II: The story of Dean BushbyEllen Zoe Golden - May 22, 2018
A three-part look at adaptive surfing in Costa Rica. Read Part I here to learn how a Central Pacific coach is…
Costa Rica launches Pride Connection networkElizabeth Lang - May 22, 2018
As Costa Rica continues to grapple with the disagreements about marriage equality and gender identity that dominated the second round…
Costa Rica at a glance: top news from the past weekThe Tico Times - May 21, 2018
Newly inaugurated Costa Rican President Carlos Alvarado is closing in on two weeks on the job. Here are some of…