The Institute of Research in Economic Sciences of the University of Costa Rica reported that when compared to 2016, it was found that the first half of 2017 will close with higher inflation and higher interest rates.
According to their estimates, at the end of the term, local inflation will be around 2%, a figure that coincides with the one predicted by the Central Bank.
This figure is influenced by a greater depreciation of the colón regarding the dollar and a greater dynamism of the credit market.
Likewise, an increase in interest rates is expected, due to an increase of public banks’ raising interests.