Inflation in Costa Rica

Costa Rica Inflation | Economic News & Forecasts

Costa Rica - Inflation

Inflation increases in October

Consumer prices rose 0.49% in October over the previous month, moderating from September's 0.63% rise. Looking at the details of the release, housing prices swung into contraction in October compared to the previous month, while price pressures for transportation picked up pace.

Inflation came in at 2.5% in October, which was up from September’s 2.1%. October's result marked the highest inflation rate since September 2019. Lastly, annual average inflation rose to 1.3% in October (September: 1.1%).

FocusEconomics Consensus Forecast panelists expect inflation to end 2021 at 1.9%, which is up 0.1 percentage points from last month's forecast, and 2022 at 2.4%.

Costa Rica - Inflation Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %)0.8  0.0  1.6  2.2  2.1  

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Costa Rica Inflation Chart

Costa Rica Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Costa Rica Central Bank and FocusEconomics calculations.

Costa Rica Facts

Value Change Date
Exchange Rate571.0-0.57 %Jan 01

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