News from Costa Rica Economy
Stay current with all the latest and breaking news about Costa Rica Economy, compare headlines and perspectives between news sources on stories happening today. In total, 68 stories have been published about Costa Rica Economy which Ground News has aggregated in the past 3 months.
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Trade · Costa RicaSantiago wants to modernize its Free Trade Agreement with Central America, valid since 2002, and expand cooperation to countries in the region, said Chilean Vice Minister Gloria de la Fuente on Wednesday.See the Story
Chile wants to expand trade and cooperation with Central America
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Inflation · Costa RicaLa inflación general en Costa Rica registró una variación interanual de -0,52% en abril de 2024. De esta forma, el indicador acumula 11 meses en terreno negativo, pero con el resultado más reciente se ubica más cerca del 0%.La información anterior se desprende del Índice de Precios al Consumidor (IPC), publicado la mañana de este miércoles 8 de mayo por el Instituto Nacional de Estadística y Censos (INEC).Si la inflación es negativa, ¿por qué se…See the Story
Annual inflation approached 0% in April but remains negative.
Inflation · Costa RicaInflation in Costa Rica, measured by the annual variation of the consumer price index (IPC), recorded a new drop in April compared to the same month last year. However, the indicator approached values even closer to positive.The annual variation of the IPC, calculated by the National Institute of Statistics and Censuses (INEC), was -0.52% in April, compared to the -1.19% recorded in March, with the decline tending to moderate.See the Story
Year-on-year inflation advanced into positive territory in April and reached -0.52%
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Xi Jinping · Costa RicaChinese President Xi Jinping denies 'overcapacity' problem in global trade on Monday during a meeting with French President Emmanuel Macron and European Commission President Ursula von der Leyen, according to Chinese diplomacy. Xi explained to his French counterpart and European leader that 'Chinese new energy industry' allowed 'to increase global supply and alleviate pressure of global inflation', according to the foreign ministry in a statemen…See the Story
Xi Jinping denies problems of Chinese 'overcapacity' in world trade
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Inflation · Costa RicaUnlike general inflation in Costa Rica, the average core inflation has been very close to 0% but has not yet registered negative year-on-year variations. Why? Let's first differentiate the two indicators. The Consumer Price Index (CPI), the macroeconomic indicator of inflation, measures the evolution of prices, over time, of a group of goods and services representative of household consumption. Currently, it is made up of 289. For its part, core…See the Story
Core inflation shows year-on-year variations close to 0%, but without falling into the negative
Economy · Costa RicaLooking for another jobCycles are a constant in life, the economy and companies, jobs and any type of employment. That's why it's normal for many people to change jobs. Sometimes current income, mental health, well-being and other benefits are improved. At other times, the shot backfires. But these are constant bets on the labor market. The National Institute of Statistics and Censuses (INEC) published employment data in Costa Rica for the first…See the Story
How many employed people are looking for another job?
Economy · Costa RicaThe Organisation for Economic Co-operation and Development (OECD) forecasts a 3.6% growth for Costa Rica's economy in 2024 and 3.9% for 2025. During the presentation of the Latin America economic outlook report on Thursday, the OECD also recommended structural reforms, focusing mainly on the education system, a key issue to continue benefiting from nearshoring.See the Story
OECD projects 3.6% growth for Costa Rica in 2024 and recommends educational reforms
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Education · San JoséEnkvist cited research by Eric Hanushek, a prominent expert in the economics of education, demonstrating that ineffective teaching negatively affects both students’ academic achievement and their future earnings potential. Therefore, she argued, testing teachers’ knowledge is justified to ensure educational quality.See the Story
Costa Rica’s Education Crisis: Urgent Reforms Are Needed
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