Costa Rica: 8% inflation goal unreachable

The cost of living continues to rise, and prices climbed by 3.12 per cent during the first quarter - higher than in the same period in the two previous years.

Tuesday, May 6, 2008

By the end of 2008 Costa Rican families will probably have to increase their revenues by at least 10 per cent to be able to buy the same goods they could buy at the start of the year.
The cost of living increase is forecast to be between 10 and 11 per cent this year, led by higher food and fuel prices.

More on this topic

Inflation Reaches 4.64% in Nicaragua

September 2011

Cumulative inflation during the first eight months of the year reached 4.64%, up from 4.2% compared to the same period last year.

A report by the Central Bank of Nicaragua reads:

The national CPI showed a monthly variation of 0.63 percent in August (-0.50% in the same period in 2010), derived from increases of 0.73 percent in Managua and 0.46 percent in the rest of the country.

Rising Prices in Panama

May 2011

In March, inflation rose 5.5% more than in the same month in 2010.

The Consumer Price Index (CPI) in Panama has not stopped rising. In March all sectors in the index showed significant increases, the transport sector for example saw price rises of more than 9%.

Other sectors also experienced major increments, such as tourism, which grew12% and food and beverages, where prices rose more than 5.5%.

Guatemala: Inflation Hits 4.5% in October

November 2010

Accumulated inflation in the first 10 months of this year reached 4.50%.

Luis Arroyo, director of statistics at the National Institute of Statistics (INE), revealed the data.

At a press conference the director also added "... that of the 218 goods and services measured as basic costs for the CPI in Guatemala, 137 rose in price last October, 58 fell and 23 others remained the same", Sigloxxi.com published.

Inflation above 16% in Costa Rica

November 2008

Interannual inflation (for each month compared to the same month the previous year) reached 16.30% in October.

This data reinforces the upward trend that began in April.

However, the yearly variation in the price index during the last three months (i.e., projecting quarterly results for a year) reflex an important decrease that transcends seasonal factors.

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