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Costa Rica Inflation April 2023

Costa Rica: Inflation declines to lowest level since September 2021 in April

Inflation dropped to 2.4% in April below March’s 4.4%. April’s result represented the lowest inflation rate since September 2021. The figure was largely due to a softer increase in prices for food and non-alcoholic beverages. In addition, price pressures for transportation fell at a significantly faster pace.

In addition, the trend pointed down, with annual average inflation coming in at 8.1% in April (March: 8.5%).

Finally, consumer prices dropped 0.34% from the previous month in April, following March’s 0.23% drop.

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