The consumer price index for Puerto Rico for the month of December 2021 came in at 124.15. This was a 0.03% increase when compared to November 2021, and a 4.2% increase when compared to December 2020.
Prices have increased significantly since the beginning of the COVID pandemic. We can expect inflation to continue being a significant issue well into 2022. Until COVID settles down at a global level and the issues regarding transportation costs and logistics are resolved, we can expect increasing prices to continue significantly affecting the economy.
