Costa Rica Inflation

Costa Rica

Inflation accelerates in May

In May, consumer prices rose 0.99% over the previous month, which was above the 0.63% price increase registered in April. The monthly reading reflected higher prices for alcoholic beverages and tobacco as well as for transport. As a result, annual inflation rose from 4.7% in April to 5.0% in May, the highest level since September 2011. Meanwhile, the core inflation index, which smoothens short-term fluctuations in the consumer price index, added 0.33% in May, above the 0.26% increase seen in April. Annual core inflation inched up to 3.8% in May from 3.7% in April. According to its Macroeconomic Programme 2012-2013, the Central Bank intends to maintain an inflation target of 5.0% (with a tolerance margin of


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Costa Rica Inflation Chart

Costa Rica Inflation May 2012

Note: Annual and monthly variation of consumer price index in %.
Source: Costa Rica Central Bank (BCCR).

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