In March, consumer prices rose 0.40% over the previous month, which was above the 0.28% price increase registered in February. The monthly increase reflected higher prices for transport as well as for housing, which were only partially offset by lower prices for alcoholic beverages and tobacco. As a result of the monthly increase, annual inflation inched up from 4.1% in February to 4.2%. Meanwhile, the core inflation index, which smoothens short-term fluctuations in the consumer price index, added 0.16% in March, below the 0.44% increase seen in February. Annual core inflation fell to 4.1% in March from 4.6% in February. According to its Macroeconomic Programme 2012-2013, the Central Bank intends to maintain an inflation target of 5.0% (with a tolerance margin of 1.0 percentage points) for both 2012 and 2013.
Costa Rica Inflation
Inflation quickens slightly in March
April 3, 2012
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Costa Rica Economic News
October 12, 2016
In August, economic activity slowed down slightly to a 4.5% increase from the same month last year, according to the monthly index of economic activity (IMAE, Indice Mensual de Actividad Economica).
October 10, 2016
Consumer prices fell 0.47% in September from the previous month, which contrasted August’s 0.03% increase and marked the lowest reading since March 2016.
October 3, 2016
In the second quarter of 2016, GDP expanded 4.1% over the same period last year.
September 12, 2016
In July, economic activity slowed down slightly to a 5.1% increase over the same month last year, according to the monthly index of economic activity (IMAE, Indice Mensual de Actividad Economica).
September 7, 2016
Consumer prices increased 0.03% over the previous month in August, which was a significant slowdown compared to July’s 0.93% increase.