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RECOPE Requests Increase In The Price of Fuel

The Refinadora Costarricense de Petróleo (RECOPE) requested on Friday an increase in the price of fuel from the regulating authority, the Autoridad Reguladora de Servicios Públicos (Aresep). The RECOPE cited the upward trends in the international market and the rise in the dollar exchange as...

Consumers Will Foot The ¢4.6 Billion Loss By Recope Due To The Strike

Update: The original post did not reflect the fuel price increase that went into effect at 12:01am this Thursday. The current fuel prices at all pumps across the country is ¢680 (down ¢1) a liter for super, ¢663 (no change) for regular or plus,...

Costa Rica Year-on-Year Inflation up to May 2018 is 2%

In May, the Consumer Price Index (CPI) registered a negative monthly variation of 0.11%, mainly explained by the prices of the Transport sector, and Food and non-alcoholic beverages. From a report by the National Institute of Statistics and Census of Costa Rica (INEC): Of the 315...

Costa Rica Continues With Highest Fuel Prices In Central America

Fuel prices in Costa Rica and Central America are up, with Costa Rica having the highest prices in the region. According to data by Acodeco.gob.pa, the price of a gallon of regular gasoline (as of June 4) are: Costa Rica $4.22 Nicaragua $3.99 Honduras...

Get Ready For The Second Price Hike Likely To Take Effect By The Weekend

Q COSTA RICA - The second fuel price hike of the year is expected to take effect likely by the weekend. And a third is waiting approval. Last Friday, January 27, the Autoridad Reguladora de los Servicios Públicos (Aresep) - regulator of public prices and...

RECOPE Proposes Weekly Fuel Price Adjustments

Q COSTA RICA - Perhaps a public outcry, calling for the government to open the fuel market and some even calling for a complete break up of the state refinery, is the reason behind the Refinadora Costarricense de Petroleo (RECOPE) proposal for a change...

Costa Rica Woke Up More Expensive This Morning

Hikes in Gasoline, Tolls and Electricity took effect This morning, Friday July 1. The lines were long at many gasoline stations Thursday night, filling up ahead of the ¢84 colones increase in the price of a litre of super gasoline, ¢77 for regular (or plus)...

Costa Rica Continues With The Highest Gasoline Prices in Central America

  (QCOSTARICA) Costa Rica continues with the highest fuel prices in Central America. In a report by Centralamericandata.com, converting prices to per U.S. gallon, Panama has the lowest at US$3.22, while in Costa Rica US$4.50 (not taking into account the latest increase occurring last week). Variations...

Gas Price Hike On The Way This Week

(QCOSTARICA) Starting this week, the price of gasoline will jump ¢43 colones per litre of super, ¢35 for regular and ¢36 for diesel fuel. Thus, the new price of a litre of super gasoline will be ¢643 (from ¢600), regular ¢610 (from ¢575) and diesel...

RECOPE Overcharged To Use Funds To Invest In New Finery

QCOSTARICA - The Aurtoridad Reguladora de Servicios Publics (ARESEP) - regulator of public prices and services agency, has instructed the state refinery, Refinadora Costarricense de Petroleo (RECOPE) to give back money to Costa Ricans. TheARESEP, whose audit was prompted by a request by legislators of...

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