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Costa Rican inflation among highest in Latin America

Tuesday, January 22, 2013

Costa Rica residents were hit with one of the highest increases in the cost of living in Latin America last year, with inflation in the country ending the year at 4.6 percent. What cost 100,000 colons in 2011 cost an additional 4,550 colons last year.

The rate of inflation in Costa Rica was the eighth highest in Latin America.

Venezuela saw the highest increase in its cost if living, with a 20 percent rate of inflation last year, followed by Argentina at 10.8 percent, and Uruguay at 7.48 percent.

Source: Inside Costa Rica