Rising Costs

Submitted by Candy on 28 April, 2008 - 17:42.

Moving to Nicaragua in August and haven't been to visit since February....was wondering if gas prices has affected the cost of food, buses etc. How is the country fairing with this???

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Check out Nicatimes

Submitted by Billy Bob on 3 May, 2008 - 09:58.

www.ticotimes.net May2 issue for article. http://www.nicatimes.net/nicaarchive/2008_05/050208.htm

¨pata de perro¨

Also check out

Submitted by dixietraveller on 2 May, 2008 - 20:12.

Also check out http://www.therealnicaragua.com/vb/forums/showthread.php?t=4364

O quantum est in rebus inane! / A palabras necias, oídos sordos.

I know the answer! The answer lies within the heart of all mankind! The answer is twelve? I think I'm in the wrong building. - Peanuts (Charles M. Schulz)

Prices for buses and taxis

Submitted by Billy Bob on 2 May, 2008 - 17:05.

Prices for buses and taxis are creaping up with the gas prices. Big thing i´ve noticed is in construction materials: they seem to have a triple wammy: they are priced in dollars, use energy to manufacture, and take energy to ship (steel tends to come from guat. or cr. Example: last year the going price for 3/8 rebar was 700 cords a bundle. now its 1050.

Basic food prices for beans and such seem to also have taken a big rise, but i´m not sure that that has anything to do with energy prices.

¨pata de perro¨

Nothing you say surprises me

Submitted by dirtbag on 2 May, 2008 - 21:07.

I think it has a lot has to do with energy/oil prices. Not sure if Nicaragua benefits from a short term subsidy from Venezuela local Nica use, everything else just about is affected down the line. Maybe this is a great time for Nicaragua to improve agricultural/food stuffs for export. Someone,I think Cyanstorm? was commenting in investment made in Potash,from Saskatchewan which of course is used for fertilizer. Well imagine if you were a third world country and you couldn't afford the gas to get it delivered to your farm.That is actually happening with Canadian African Aid. I was just thinking why the outside stuff you mentioned is priced in dollars,it's probably easier all round to stay in dollars as it's too much bother thinking in Cordobas. You can't buy in Cordobas after all. In the world right now we are being told and we see in a lot of cases proof of Food Shortages, rich nations upping and extending money which will likely give the speculators a lift, I only hope that (another aside is that remmittences are down)Nicaragua doesn't find itself unprepared for expensive especially basics, flour, rice,soy bean, shortages in the next couple of years, no matter what the regional politicians say.