The National Wages Council confirmed the government's proposal that the adjustment to be made from January 2017 will be 1.14% for wages of workers in the private sector.

Victor Ruiz, vice president of the Costa Rican Union of Chambers and Associations of Private Enterprise (Uccaep), explained that "... the percentage increase is obtained from the new wage adjustment methodology that employers have worked on together with the Government and the unions over the last three months."

Ruiz explained to Nacion.com that "...The increase of 1.14% is made up 0.65% for the increase in the cost of living plus 0.49% for productivity in the country. "

Source: Nacion.com