Monday 20 March 2023

Costa Ricans buy less due to the impact of inflation: They look for cheaper food

According to a report from the firm Kantar

Paying the bills

Latest

Costa Rica signs regulations to the law to attract film investments

QCOSTARICA (Summa) With the signature of President Rodrigo Chaves...

Dollar begins to be sold in banks for less than ¢550

QCOSTARICA - The price of the U.S. dollar is...

The price of meat, eggs and tomato will be cheaper this weekend

RICO's Q - The farmer's fair across the country...

Rodrigo Chaves’ managerial style: If you don’t meet goals, you better leave

QCOSTARICA - The exit this week of Mario Arce...

Fire emergencies maintained an ‘average’ pattern despite heavy rains

QCOSTARICA - The Cuerpo de Bomberos (Fire Department) indicated...

Los mitos más comunes sobre los casinos en línea desmentidos

Los casinos en línea han ganado popularidad en los...

Las tendencias más novedosas en la industria del casino en línea en Chile

Según un estudio reciente, la industria del casino en...

Dollar Exchange

¢540.32 Buy

¢547.37 Sell

18 March 2023 - At The Banks - BCCR

Paying the bills

Share

QCOSTARICA – A study by the firm Kantar revealed that Costa Ricans are buying less in the supermarket due to the impact of inflation, which, according to the Consumer Price Index (CPI), in interannual terms, stood at 11.48%.

The analysis was carried out from January to June 2022, to show the behavior of consumers throughout Central America and what is the impact caused by the rise in the cost of living.

- Advertisement -

Vivian Gálvez, Country Manager for Central America at Kantar, the world’s leading data, insights and consulting company, commented that the contraction in the volume of consumption was in almost all countries. In addition, she explained that in Costa Rica the search for food from cheap brands increased.

According to Gálvez, another fact that drew attention in the case of Costa Rica is that the basket of beverages is being strengthened, that is, Ticos continue to consume beverages despite the increase in prices, which does not happen with dairy products.

Shopping frequency in Costa Rica fell by 3%, as consumers pay up to 7% more when they go to supermarkets.

 

- Advertisement -
Paying the bills
Avatar photo
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Argentina’s rampant inflation: Will price caps work?

Q24N (DW) At a supermarket on the Avenida Cordoba in Buenos...

Costa Rica has the highest minimum wage in Latin America

QCOSTARICA - Costa Rica has the highest minimum wage of Latin...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.