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Costa Rica Inflation For First Quarter 1.37% |
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Wednesday, 06 April 2011 00:38 |
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Inflation in the first three months of this year reached 1.37%, as reported yesterday by the Instituto Nacional de Estadística y Censo (INEC) - National Institute of Statistics and Census. That figure is lower than that recorded in the same period of 2010, when the cost of living rose 2.57%. Among the products that contributed to the decline in inflation during March include alcoholic beverages, clothing, footwear and housing rent and utilities.
The consumer basket of the Índice de Precios al Consumidor (IPC) - Consumer Price Index - is composed of 292 goods and services, of which 58% recorded a price increase from the previous month, 32% had decreased and the remaining 10% without any variation.
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