More

    Costa Rica's 2014 Cumulative Inflation Reached Highest Percentage in Six Years

    Must Read

    Costa Rica Facilitates the Arrival of Foreign Tourists to the Country

    The Government of Costa Rica has decided to facilitate entry requirements in...

    Costa Rica Highlights Early Implementation of the Nuclear Weapons Ban

    Costa Rica today satisfaction for the early entry into force of the...

    A New Business Concept for Digital Nomads will Arrive in Panama

    A new business concept will arrive in Panama,...
    TCRN STAFFhttps://www.TheCostaRicaNews.com
    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    The Costa Rica News (TCRN) – The Consumer Price Index (CPI), which measures the change in prices of goods and services, reached 5.44% from January to August 2014, higher than the variation in the same period last year (3.64%).

    The goods and services that rose the most were tomatoes (27.92%), papaya (91.21%), eggs (7.48%), oranges (19.11%) and beans (71.94%), equaling an  increase of 0.33% in relation to the July inflation rate.

    Items that had a reduced price are potatoes (13.41%), gasoline (0.94%), travel packages (3.71%), car tires (4.41%) and onions (6.49%).

    The consumption basket, as measured by the National Institute of Statistics and Census (INEC) consists of 252 goods and services, of which 50% increased in price from the previous month, 36% reported a decrease, and the remaining 14% remained unchanged.

    According to Orlando Soto, general manager of ACOBO, the first half of the year had sharp rises in inflation but now the market’s behavior is normal and he believes there is no reason to think price pressures will affect the second half of 2014.

    The Costa Rica News (TCRN)

    San Jose, Costa Rica

    - Advertisement -
    - Advertisement -

    Latest News

    Costa Rica Facilitates the Arrival of Foreign Tourists to the Country

    The Government of Costa Rica has decided to facilitate entry requirements in...

    Costa Rica Highlights Early Implementation of the Nuclear Weapons Ban

    Costa Rica today satisfaction for the early entry into force of the Treaty on the Prohibition of...

    A New Business Concept for Digital Nomads will Arrive in Panama

    A new business concept will arrive in Panama, positioning the country as a...

    Costa Rica Promotes Internationally its Renewed Northern Zone

    The Costa Rican Tourism Institute (ICT) reported this Saturday that after a renewal of tourism products and a varied offer, it seeks...

    Lawyer who Grows Marijuana in front of Alajuela Courts will Face Trial this Week

    The lawyer Mario Cerdas Salazar, defender of marijuana for recreational purposes, will face a trial as of October 26th for apparent cultivation and supply of the drug
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language »