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    Home > Food News > Food Articles > Spending on basic food baskets in Costa Rica up 9.2% year-on-year

    Spending on basic food baskets in Costa Rica up 9.2% year-on-year

    • Last Update: 2022-05-16
    • Source: Internet
    • Author: User
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    According to data released by Costa Rica's National Statistics and Census Institute (INEC) recently, residents' spending on basic food baskets rose by 9.
    2% in March from a year earlier, the largest increase since January 2011
    .
     
    Costa Rica's "Nation" reported on April 11 that the basic food basket, determined by INEC, includes a range of foods that can meet the daily needs of at least one ordinary person
    .
     
    Data show that Costa Rica spent 52,519 colones per capita on basic food baskets in March
    .
    Taking a family of four as an example, it takes at least about 210,000 colones to buy basic food in March, a year-on-year increase of 17,711 colones
    .
     
    In addition, the cost of buying oils and fats (such as oil, butter, margarine, etc.
    ) rose 32% year-on-year in March
    .
    Meanwhile, chicken prices rose 25% year-on-year, beef 18%, non-alcoholic beverages 17%, beans 15%, and cereals 12%
    .
     
      Mario Montero, executive vice president of the Costa Rican Food Industry Confederation (Cacia), explained that factors such as the global container crisis, climate problems in North and South America, and rising oil prices have pushed up the cost of production in Costa Rica's food industry
    .
     
      As an important food supplier for Costa Rica, climate change in North and South America has pushed up food prices in Costa Rica
    .
    At the same time, rising oil prices have increased the market's demand for biofuels (such as bioethanol, etc.
    ), and most biofuels use food crops as raw materials, thus reducing the food supply in the market
    .
    food
     
      Costa Rica's "Nation" reported on April 11 that the basic food basket, determined by INEC, includes a range of foods that can meet the daily needs of at least one ordinary person
    .
     
      Data show that Costa Rica spent 52,519 colones per capita on basic food baskets in March
    .
    Taking a family of four as an example, it takes at least about 210,000 colones to buy basic food in March, a year-on-year increase of 17,711 colones
    .
     
      In addition, the cost of buying oils and fats (such as oil, butter, margarine, etc.
    ) rose 32% year-on-year in March
    .
    Meanwhile, chicken prices rose 25% year-on-year, beef 18%, non-alcoholic beverages 17%, beans 15%, and cereals 12%
    .
     
      Mario Montero, executive vice president of the Costa Rican Food Industry Confederation (Cacia), explained that factors such as the global container crisis, climate problems in North and South America, and rising oil prices have pushed up the cost of production in Costa Rica's food industry
    .
     
      As an important food supplier for Costa Rica, climate change in North and South America has pushed up food prices in Costa Rica
    .
    At the same time, rising oil prices have increased the market's demand for biofuels (such as bioethanol, etc.
    ), and most biofuels use food crops as raw materials, thus reducing the food supply in the market
    .
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