Wednesday 23 June 2021

Costa Rica Inflation Remains Near Zero

The groups with the greatest contribution to the CPI in October 2016 and were rental and housing services, Food and non-alcoholic beverages.

costa-rica-october-2016-inflation

In October 2016, the 315 goods and services included in the consumer price basket fell by 38%, 49% increased in price and 13% had no change.

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When analyzing the percentage changes in the prices of the twelve groups that comprise the index, it shows that the group Rental and Housing Services is having a major effect on the variation of the general index.

In the last five years (2012 to 2016) the only negative cumulative percentage change from January to October was in 2015 with -0.98%.

Source: Centralamericandata.com

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