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Costa Rica Still Has Zero Inflation

QCOSTARICA - Despite the slight monthly increase of 0.19% in the consumer price index in May, inflation in the last twelve months was -0.43%. The National Institute of Statistics (INEC) reported that in May 2016, of the 315 goods and services included in the consumer...

Buy Later, Avoid Hiring, Save Cash: Welcome To The World of Deflation

QCOSTARICA - La Republica, Costa Rica's business newspaper, says the impact of deflation on Costa Rica would be moderate, since prices over the past year have fallen only slightly below zero. Experts say it is difficult to predict for each case, since the cost of...