June Inflation Registers at 0.96%
Costa Rica registered a monthly inflation of 0.96% in June.
This rate represents an increase over May’s inflation rate of 0.52% and the June inflation rate reported in 2005 (0.46%), though it’s a decrease from the June 2004 inflation rate (1.07%), according to the National Statistics and Census Institute (INEC).
Inflation over the past 12 months was 12.42%, and registered 5.31% during the first six months of this year. Inflation in 2005 registered 14.07%.
Central Bank president Francisco de Paula Gutiérrez has announced a target inflation rate of 11% for 2006 and 10% for 2007 (TT, Jan. 27).
You may be interested
CREAR: Enjoy, don’t destroyAlissa Grosskopf - October 22, 2018
The association CREAR in Sámara, Guanacaste helps create social change by hosting art and social activities for children. They also…
Silvia Baltodano: passion for Costa Rica`s musical theaterIva Alvarado - October 21, 2018
The curiosity to meet artists at their workspace led me to Silvia Baltodano; an actress, singer, dancer, teacher, activist and…
The future of tropical forest restoration is community-ledFabíola Ortiz - October 21, 2018
The future of restoring tropical forests should not be exclusively in the hands of governments, argues Rebecca Cole, director of…