Panama: Increase of Cost of Life Predicted

(Panama-Guide) PANAMA - The increase of the cost of life in Panama is much more an option much closer to the local consumers with predictions going to the raise of price of goods and services in 2010. The National Authority for Public Services (ASEP) predicted an adjustment to increase in the electric tariffs starting in January for those who exceed 500 kilowatts per hour. The productive sector expects an increase in the prices of inputs and fuel and this will be definitely transferred to the Panamanian citizens.