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Costa Rica Inflation March 2022

Costa Rica: Inflation comes in at highest level since November 2014 in March

Consumer prices increased 0.88% in March over the previous month, following the 1.09% rise seen in February. The softer rise was primarily due to softer growth in prices for food and non-alcoholic beverages.

Inflation came in at 5.8% in March, which was up from February’s 4.9%. March’s result was the highest inflation rate since November 2014. Meanwhile, the trend pointed up, with annual average inflation coming in at 2.8% in March (February: 2.3%).

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