Costa Rica: Lowest Inflation Since 1978
This low level of price increases is mainly due to less economic activity.
Wednesday, September 2, 2009
12-month inflation, a measure of the variation of prices when compared to one year ago, is at record lows. However, in the last two months the average price increase has been 0.78%, considerably above the 0.2% average for the first half of the year.
The change from December 2009 to November 2010 of the General Price Index was 6.11%, 3.54% more than the annual variation in the same period last year (2.57%).
In August the consumer price index recorded a rise of 0.03%, placing accumulated inflation in the year to 2.57%, down from 5.29% as at August 2014.
In the last twelve months, prices rose by 3.44%, the lowest variation since November 2009.
The variation from July 2010 to June 2011 of the General Index is 5.18%, down 1.13% compared to the variation in the same period last year, which was 6.31%.
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