Huge hike in industrial prices in Costa Rica

The price of raw materials for industrial producers rose 5% in July, a bad sign for consumers.

Thursday, August 14, 2008

This increase, measured with Industrial Producer Price Index (IPPI), was double the Consumer Price Index which was at 2.14% last month.

More on this topic

Costa Rica: Industrialist Complain About Competitiveness Agenda

May 2013

They are demanding specific actions on issues such as the cost of electricity, exchange rates, access to financing and paperwork.

From a statement by the Chamber of Industries of Costa Rica (CICR):

Industry insists on urgent tasks during the current administration

• The demands are for specific actions on issues such as the cost of electricity, exchange rate, access to financing and paperwork.

Costa Rica Becomes Less Competitive

June 2016

The Supreme Court has ordered the cost of giving bonuses to employees of the state run monopolistic distributor to be incorporated into fuel prices.

EDITORIAL

The resulting increase in fuel prices forces the country's economy to directly pay for the privileges enjoyed by some public officials, aggravating a situation in the private productive sector which must find new ways of staying competitive in a local context which is becoming increasingly adverse, with an unfavorable exchange rate for the export sector and rising production costs.

Costa Rica: Food industry Exports Down 14%

May 2014

Foreign sales in the first four months of the year totaled $467 million, below the $543 million generated from sales abroad in the same period in 2013.  

The cost of electricity, changes in the exchange rate, the price of raw materials and competition from informal firms are part of the factors that explain part of the drop in foreign sales in this industry.

El Salvador: Agricultural costs to go down in 2009

October 2008

It is expected that next year agricultural and livestock producers will have low cost of raw materials, since the price of imported goods is dropping.

Fertilizers through the country have started to go down 2%, as a result of the drop in oil prices. "We are hoping that in April we see a change in prices," said Francisco Vidri, manager of DISAGRO.

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Greif Costa Rica

Greif is a world leader in industrial packaging products and services. The Company produces steel, plastic, fibre, flexible and corrugated containers and packaging accessories
Operates in Costa Rica and Guatemala
Phone: (506) 2251 1195 - (506) 2251 0490

Company Profile

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