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Costa Rica Inflation August 2022

Costa Rica: Inflation rises in August

Consumer prices increased 0.86% in August over the previous month, down from July’s 1.09% rise. August’s result marked the weakest reading since January. Looking at the details of the release, prices for food and non-alcoholic beverages grew at a slower pace while price pressures for transportation rebounded.

Inflation came in at 12.1% in August, up from July’s 11.5%. August’s figure represented the highest inflation rate since March 2009. Meanwhile, the trend pointed up, with annual average inflation coming in at 6.3% in August (July: 5.4%).

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