Costa Rica: Inflation continues to climb in January
February 5, 2021
Consumer prices increased over the previous month in January, clocking in a 0.18% rise, easing from December’s 0.53% growth. The result reflected higher prices for transport, education, as well as for food and non-alcoholic beverages. The overall increase was capped by lower prices for rent and housing services.
Inflation climbed up to 1.0% in January (December: 0.9%), the highest rate since March 2020. Meanwhile, the trend was unchanged with annual average inflation coming in at December’s 0.7%.
Author: Marta Casanovas , Junior Economist