High food prices propel Costa Rica inflation past 15%

August 29, 2008

 

Fed by high food costs, consumer prices in August rose 1.79 percent, adding to Costa Rica’s steady inflationary rate that during the past year has surpassed 15 percent.
 
Groceries and nonalcoholic beverages led the upward charge, rising 2.42 percent in August and 26.6 percent since last September, according to National Statistics and Census Institute (INEC).
 
Transportation costs rose 3.19 percent in August, bringing their 12-month increase to just over 19 percent, while entertainment and cultural events rose 2 percent last month.
 
The 15.4 percent increase in consumer prices between September 2007 and August was the largest for that period in more than 10 years.
 
Between September 2006 and August 2007, consumer prices rose 8.56 percent, according to INEC.
  
 

You may be interested

Download our High Season Print Edition here
The Tico Times
283 views
The Tico Times
283 views

Download our High Season Print Edition here

The Tico Times - December 17, 2017

Thanks to all the readers from around Costa Rica and the world who have written to ask how they can…

PHOTOS: Costa Rica’s Festival of Light
Holidays
1355 views
Holidays
1355 views

PHOTOS: Costa Rica’s Festival of Light

AFP - December 17, 2017

Costa Rica's traditional Festival de la Luz, a holiday parade through the heart of San José, filled the capital with…

Give green in Costa Rica: holiday gifts that will live on all year
Environment and Wildlife
1109 views
Environment and Wildlife
1109 views

Give green in Costa Rica: holiday gifts that will live on all year

Ed Bernhardt - December 16, 2017

A warm holiday greeting from the garden to all our readers. Another year has come to an end, and it’s…