Costa Rica Inflation April 2021

Costa Rica

Costa Rica: Inflation climbs in April

May 7, 2021

Consumer prices increased 0.29% over the previous month in April, accelerating from the 0.03% rise logged in March. The reading marked the highest increase in prices in four months, and was largely due to higher prices for transport and for housing and utilities. The overall increase was capped by lower prices for food and non-alcoholic beverages.

Inflation jumped to 1.2% in April, markedly up from March’s 0.5%. Meanwhile, the trend pointed up, with annual average inflation coming in at 0.5% in April (March: 0.4%).

FocusEconomics Consensus Forecast panelists expect inflation to end 2021 at 2.1%, which is unchanged from last month's forecast, and 2022 at 2.3%.


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Costa Rica Inflation Chart

Costa Rica Inflation April 2021

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

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