Costa Rica: Inflation edges up in October
October 10, 2016
Consumer prices fell 0.12% in October from the previous month, which was a smaller drop than September’s 0.47% decrease. According to the Statistical Institute, the result reflected lower prices in several categories, but mostly in the energy and food and non-alcoholic beverages category.
Inflation edged up from 0.4% in September to 0.6% in October. Moreover, the annual average variation in consumer prices continued to recover some ground. It recorded a slight increase in October, inching up from a 0.4% drop in September to a 0.3% decrease.
Author: Andrea Vetrugno, Economist