Inflation Up 1.24
percent
In November, the Index
of Consumer Prices
recorded a 1.24 percent
increase, which took
overall inflation for
December 2006- November
2007 to 10.09 percent.
According to the
National Statistics and
Census Bureau (INEC in
Spanish), the cumulate
inflation for
January-November this
year was 8.98 percent.
The Central Bank was
aiming at an overall 8
percent increase for the
year 2007. The INEC
pointed out the increase
in food, beverages, and
education as the main
culprits for the upward
trend of inflation. |
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