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Lower Inflation Expected
The average yearly inflation for
the next 12 months is expected
to reach 12.3 percent om
average, while the forecast last
January had been 12.7 percent.
The data was established in a
monthly survey by the Banco
Central de Costa Rica (BCCR) -
Central Bank of Costa Rica -
among professionals of the
financial sector, academics,
consultants, and businessmen.
Among those surveyed, the
highest figure was 13.5 percent,
and the lowest 11.1 percent.
According to analysts, the
survey reflects a trend that
several indicators have shown
since late last year,
particularly a de-acceleration
in the consumer price index.
The Central Bank's goal for this
year is 11 percent, which means
that the Bank will orient its
monetary policy to attain that
figure.
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