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 Consumer Price Index (CPI) in August compared to July, 2013, showed an increase of 0.3%.
In March, inflation rose 5.5% more than in the same month in 2010.
Cumulative inflation during the first eight months of the year reached 4.64%, up from 4.2% compared to the same period last year.
Interannual inflation (for each month compared to the same month the previous year) reached 16.30% in October.
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