The range for the rate in colones is from 0.62% to 6.96% in 12 months and for dollars it is between 0.60% to 4.19% over 12 months.
The first calculation of the Interbank Reference (TRI by its initials in Spanish) by the Chamber of Banks and Financial Institutions (CBIF) notes that in colones the rate starts at 0.62% for one month and ends at 6.96% for 12 months. In dollars, it is located between 0.60% for one month and reaches 4.19% for 12 months.
In April, the consumer price index showed a variation of 0.39%, reflecting an increase in prices of food, beverages, restaurants, hotels and transportation.
The reported inflation was greater by 0.77% than the amount of inlfation in the same period in 2014, which was 4.90%. Moreover, the division of Food and Non-Alcoholic Beverages was the largest contributor to inflation in April, with 0.266%, while the division of hotels and restaurants contributed 0.07% to monthly inflation.
Caps imposed by the Superintendency on tariffs for telecommunications services restrict competition by preventing operators from offering more expensive packages to more affluent segments.
The telecommunications industry is requesting the freeing up of rates with the aim of letting the market itself be responsible for setting them, with oversight by the Superintendency of Telecommunications (Sutel). Authorities from the Sutel indicated, as they have done so on other occasions, that restrictions on tariffs will remain until the results of the study on market prices and, depending on its indications, will start in March.
Sustainable 70 Acre Coffee Farm, San Ramon, Costa Rica Coffee Estate, development property with 20 titled lots, ready to develop with roads, water, power. Great Location, close to everything Ideal area for living or developing an ecologically...
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