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Falling prices of food and fuel helped to keep inflation low

June 8, 2016 by Staff News Writer

Lower costs of food and fuel helped keeping inflation low so far this year.
A total of 59 out of 104 food products had lower prices during the first five months of 2016, according to official data.

Transportation costs also fell by 2 percent due to lower prices of gasoline and diesel.

These were the main factors contributing to a 0,03 percent inflation raise in five months.

The decreases were partly offset by rises in education, health, telephone, rent and housing services.

Source: La Nación.

Related articles:

  1. Prices barely changed last April
  2. Oil directs Costa Rican inflation
  3. Higher oil prices explain recent dollar increase
  4. Low oil prices hit Costa Rican pockets late
  5. Court says fuel rises can be used to pay employees benefits
  6. Exchange rates drive increases for fuel prices and taxi fares

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