Income from self-employment has improved in rural areas, while urban households purchasing power fell by 1.2% in June 2015.
Although the unemployment rate in Costa Rica was close to 10% in October 2015, the income from self-employment has consolidated becoming the second largest source in the country: it increased by 22.7% in June 2015 compared to same month in 2014 in rural areas and 16.1% in urban areas, according to the National Institute of Statistics and Census.
Despite the consumer price index recording a monthly variation of 0.68%, it was not enough to prevent inflation remaining in negative territory.
The groups which made the greatest contribution to the CPI in January 2016 were: Food and non-alcoholic beverages and Rent and housing services, as reported by the National Institute of Statistics and Census.
In November, the consumer price index recorded a decrease of 0.01%, placing the annual inflation at -1.20% and inflation accumulated so far this year at -0.99%.
The groups with the greatest contribution to the change in the consumer price index (CPI) in November 2015 are Food and non-alcoholic beverages and Transport, as reported by the National Institute of Statistics and Census.
In October, the consumer price index recorded a decrease of 0.28%, placing annual inflation at -0.86% and inflation accumulated so far this year at -0.98%.
The groups with the greatest contribution to the CPI in October 2015 were transportation and rental housing and services, as reported by the National Institute of Statistics and Census. [GRAFICA caption = "Click to interact with graphics"]
Expeditors, a publicly owned company, provides logistics solutions that touch on all aspects of the supply chain. For 30 years, Expeditors employees have worked diligently with our customers to increase order visibility, reduce surplus inventory, control inflated delivery-cycle times, monitor and assign accountability and reduce overall supply chain costs.
Operates in Costa Rica, El Salvador, Guatemala, Nicaragua, Honduras and Panama
Phone: (506 ) 2437 4747 - (506) 2430 0327
Caribbean-Central American Action (CCAA) is a private, independent organization that promotes private sector-led economic development in the Caribbean Basin and throughout the Hemisphere.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador, Costa Rica and Caribbean Community
Phone: (202) 331-9467