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%.
Author: Edward Gardner, Economist