Costa Rica Has the Lowest Inflation in Four Years

    Although food products continue on the rise

    Must Read

    Like you, we are tired of corporate media that is politically driven and one sided. So we decided to focus on news that’s important to people. We’re Creating a Conscious alternative news network that we feel the world needs and we need your help! We can’t do this without you! Support news and media that matters and that can help change our world!

    Costa Rica closed 2020 with an inflation of 0.89 percent, the lowest in the last four years, according to data from the National Institute of Statistics and Censuses (INEC). In a video posted on the INEC Facebook page, its spokesperson Nelson Castillo also indicated that Costa Rican inflation, measured by the Consumer Price Index (CPI), registered an increase of 0.53 percent last December, highest monthly variation of 2020.

    He specified that during the last month of the previous year, 55 percent of the goods and services used to measure the CPI increased in price, 35 percent decreased and only 10 percent remained the same.

    TIP: Get our latest content by joining our newsletter. Don't miss out on news that matter in Costa Rica. Click here.

    Food products still increasing in price

    The December CPI, he indicated, was driven by the increase in the cost of food and non-alcoholic beverages, among which the onion stood out, with 46.01 percent, tomato (25.35), and potatoes (18 , 94), as well as other cases such as tourist packages that showed a growth of 3.41 percent. Castillo pointed out that among the goods and services that decreased in price in the previous December are automobiles (-1.59), gasoline (-2.89) and airline tickets (-3.92).

    resonance Guanacaste
    RELOCATE TO THE BEACH AND WORK REMOTE Helping transition your life to live anywhere

    LIKE THIS ARTICLE? Sign up to our newsletter and we will send you updates of our latest content as soon as they are available. Click here.

    SourceCRN Staff
    - Advertisement -
    - Advertisement -

    Latest News

    More than 48 Thousand People have Entered Panama Through the Darién Jungle this Year

    Thousands of migrants cross Central America and part of South and North America, in search of obtaining a stable economic condition and better living conditions in their final destination
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language »
    Be Part of the Community!
    Stay Up To Date And Connected

    and engage with likeminded folks on Costa Rica


    13 Years Changing The Way You Look At News!

    Get TCRN In Your Inbox & Never Miss Any News That Matter In Costa Rica!