Thursday December 08 2016
Costa Rica Inflation Rate at 0.56 percent
Consumer prices in Costa Rica increased 0.56 percent year-on-year in November of 2016, barely unchanged from a 0.55 percent rise in October. Main upward pressure came from: education (+4.59 percent compared to +4.55 percent in October); rental and housing services (+3.66 percent from 3.90 percent); health (+3.46 percent from +3.24 percent); restaurants and hotels (+1.76 percent from +1.86 percent) and recreation and culture (+1.28 percent from +0.75 percent). In contrast, cost fell for: food and non-alcoholic beverages (-2.30 percent from -1.93 percent), clothing and footwear (-2.31 percent from -2.67 percent), and miscellaneous goods and services (-0.36 percent from -0.29 percent). On a monthly basis, consumer prices remained unchanged, after decreasing 0.1 percent in the previous month.