Inflation Hits 3.8% in Puerto Rico, Highest Since May

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Puerto Rico’s consumer price index rose 3.8% in August compared with a year earlier, its highest year-over-year reading since May, according to the Department of Labor and Human Resources (DTRH).

The index reached 143.937, up 0.1% from July. Transportation costs rose 9.6% over the year, with public transportation up 17.3%. Food and beverages rose 2.6%, medical care 2.9%, and alcoholic beverages 4.9%.

The island-wide index doesn’t mean every household’s costs rose exactly 3.8% — the increase reflects a weighted basket of goods and services, and transportation and public-transit costs rose far faster than food or medical care.

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Sources: Departamento del Trabajo y Recursos Humanos, NotiCel

Condado Daily Staff
Condado Daily Staffhttp://condadodaily.com
Condado Daily Staff reports and edits the local news, business, real estate and community coverage published on Condado Daily under Plaza Pública Media. Coverage focuses on Condado, Ocean Park, Miramar, Santurce and the surrounding San Juan area, drawing on public records, on-the-record interviews, site visits and Puerto Rico's Spanish- and English-language press. Reporting follows Condado Daily's editorial standards and corrections policy, and every article is checked against primary sources before publication. Tips, questions or correction requests can be sent through the contact page.

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