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Modest economic growth provides Costa Rica with lowest inflation in Central America

Monday, February 20, 2012

The anti-inflation strategy of Costa Rica's central bank paid off last year, with the lowest inflation rate in Central America, 4.7 percent.

In general terms, inflation was curbed by a reduction in internal demand and restrictions on tariff increases for public services.

Not all the region's countries kept inflation under control. Nicaragua had the highest inflation in Central America with 7.9 percent.

Source (in Spanish): La República