Nicaragua keeps inflation low for second year

Nicaragua will end 2016 with inflation lower than 3.5 percent, which would keep that economic indicator low for the second consecutive year.

The president of the central bank, Ovidio Reyes, said that initially the inflation rate was expected to be between 4.5 and 5.5 percent, but “we are going to end below 3.5 percent with no major problem”.

Source: Q Costa Rica