Monday 19 April 2021

Costa Rica Still Has Zero Inflation

In May there was slight monthly increase of 0.19% in the consumer price index, however, inflation in the last twelve months was -0.43%.
In May there was slight monthly increase of 0.19% in the consumer price index, however, inflation in the last twelve months was -0.43%.

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 basket, 42% increased in price, 46% decreased and 12% remained the same.

- Advertisement -

“The level of the overall index in May 2016 is 99,142, while in the previous month it was 98,950, on the other hand, the groups with the greatest contribution to the CPI in May 2016 were transport and education.

When analyzing the percentage changes of the twelve groups that comprise the index, it can be seen that the transport group is having a major effect on the variation of the general index.

In the last five years (2012 to 2016) the highest cumulative percentage change from January to May of 2014 was 3.75%.

When analyzing the interannual variation percentage up to May of the last ten years, it can be seen that the highest occurred in 2008 with 11.90%; while in that of 2016 was the only negative interannual variation with -0.43% recorded. ”

- Advertisement -

Source: Centralamericandata.com

- Advertisement -

FACT CHECK:
We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

Q24N
Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

Related Articles

Central Bank foresees economic growth of 2.6% this year

QCOSTARICA - The Costa Rican economy will grow 2.6% this year,...

Costa Rica among the Latin countries where inflation fell the most during the pandemic

QCOSTARICA - Costa Rica, along with Nicaragua, are the countries where...

MOST READ

Frida Sofía assures that Alejandra Guzmán’s father abused her: “He was a very disgusting man.”

Frida Sofía has launched accusations against her family, especially against her mother, singer Alejandra Guzmán, but also directed against her grandfather, actor and singer...

Bad weather claimed two lives: one in Talamanca and another in Garabito

QCOSTARICA - Two men became the first victims of the rains and bad weather that has hit the country since last Wednesday, one of...

Covid rebound: 435 people hospitalized, 208 in Intensive Care

QCOSTARICA - During a last-minute press conference from Casa Presidencial, the Minister of Health, Daniel Salas, did not rule out increased measures to stem...

Key Largo: From Brothel to Cultural Center

QCOSTARICA - The building that housed the Key Largo adult entertainment center, in the heart of San José, will have a new facet: it...

Former Miss Costa Rica detained at San Jose airport on suspicion of false covid test

UPDATED April 17 QCOSTARICA - Model, television presenter and former Miss Costa Rica 2018, Natalia Carvajal Sánchez, was arrested this Friday, morning, April 16, at...

Downpours Continue In the Caribbean

QCOSTARICA - The heavy rains have not let up in the Caribbean. Although in some areas a few rays of sun came out this...

Spike in covid-19 cases could bring back the “hammer”

QCOSTARICA - The spike in cases of covid-19 in recent days set off the alarms and has the authorities analyzing the possibility of bringing...

Contagion rate increases to 1.45 and shows that the country is entering a ‘new pandemic wave’

QCOSTARICA - The contagion or "R" rate for this Monday in Costa Rica reached 1.45, according to the analysis carried out by the Universidad...

Travelers look for houses with good Internet, kitchen and that accept pets

QCOSTARICA - The pandemic has allowed many people to telecommute, so technological facilities allow that as long as you have a laptop and a...

WANT TO STAY UP TO DATE WITH THE LATEST!

Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.