Why Falling Prices in Costa Rica Are a Warning Sign for Jobs Growth and Debt
According to data released this week by the National Institute of Statistics and Census (INEC), the country recorded a -2.53% year-over-year inflation rate in January. This marks 33 consecutive months below the Central Bank of Costa Rica’s (BCCR) target range of 2-4%. The monthly drop of -0.96% from December to January represents the largest single-month …
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