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Published 26 days ago

If inflation is negative, why is the cost of living perceived to continue to rise?

Summary by elfinancierocr.com
Despite the fact that year-on-year inflation in Costa Rica accumulates 10 consecutive months in negative territory (deflation), people still do not see relief in their pockets when buying certain goods and services. This discrepancy occurs because the fact that the country is experiencing deflation, does not necessarily mean that the goods and services that could be falling in price are the most consumed in a particular household. “When you say …

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