Costa Rica Inflation March 2022

Costa Rica

Costa Rica: Inflation comes in at highest level since November 2014 in March

April 7, 2022

Consumer prices increased 0.88% in March over the previous month, following the 1.09% rise seen in February. The softer rise was primarily due to softer growth in prices for food and non-alcoholic beverages.

Inflation came in at 5.8% in March, which was up from February’s 4.9%. March's result was the highest inflation rate since November 2014. Meanwhile, the trend pointed up, with annual average inflation coming in at 2.8% in March (February: 2.3%).

FocusEconomics Consensus Forecast panelists expect inflation to end 2021 at 2.5%, which is up 0.1 percentage points from last month's forecast, and 2022 at 2.5%.


Author:

Sample Report

Looking for forecasts related to Inflation in Costa Rica? Download a sample report now.

Download

Costa Rica Inflation Chart


Costa Rica Inflation March 2022

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


Costa Rica Economic News

More news

Search form