Costa Rica Inflation November 2018

Costa Rica

Costa Rica: Inflation accelerates in November

December 7, 2018

Consumer prices rose 0.42% in November compared to the previous month, up from the 0.37% increase in October. According to the National Institute of Statistics and Census (INEC), November’s price rise came primarily on the back of more expensive transport, and food and non-alcoholic beverages.

Inflation accelerated to 2.3% in November, up from 2.0% in October and remaining within the Central Bank’s 2.0%–4.0% target range. Annual average inflation was unchanged in November at 2.3%.

FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 3.3%, which is unchanged from last month's forecast. In 2020, the panel sees inflation ending the year at 3.4%.

Author:, Economist

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Costa Rica Inflation Chart

Costa Rica Inflation November 2018 0

Note: Annual and monthly variation of consumer price index in %.
Source: National Institute of Statistics and Census (INEC).

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