Costa Rica Inflation

Costa Rica

Costa Rica: Inflation eases in September

October 4, 2011

In September, consumer prices dropped 0.16% over the previous month, which contrasted the 0.26% price increase registered in August and exceeded the 0.08% decrease in September 2010. As a result, annual inflation inched down from 5.3% in August to 5.2% in September, edging closer to the Central Bank's 5.0% inflation target. According to the National Statistics Office (INEC, Instituto Nacional de Estadistica y Censos), lower prices for food and non-alcoholic beverages (-1.02% month-on-month) more than offset higher prices for education (+0.43% mom). Meanwhile, the core inflation index, which smoothes short-term fluctuations in the consumer price index, added 0.15% in September. Annual core inflation inched up from 4.8% in August to 4.9% in September. According to its July revision of the Macroeconomic Programme 2011-2012, the Central Bank maintains an inflation target of 5.0% for 2011, with a tolerance margin of 1.0 percentage points and a target of 4.0% for 2012.


Author:,

Sample Report

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

Download




Costa Rica Economic News

  • Costa Rica: Economic activity growth hits an over two-year high in May

    July 12, 2018

    In May, annual growth in economic activity accelerated to 4.4% from a revised 4.0% expansion in April (previously reported: +2.8% year-on-year), according to the monthly index of economic activity (IMAE, Indice Mensual de Actividad Económica) published by the Central Bank of Costa Rica (BCCR).

    Read more

  • Costa Rica: Inflation ticks up in June

    July 6, 2018

    Consumer prices rose 0.18% in June compared to the previous month, contrasting May’s 0.11% decrease.

    Read more

  • Costa Rica: Economic growth slows in the first quarter

    June 29, 2018

    The economy grew at the slowest rate in three years in the first quarter of the year, according to GDP data released by the Central Bank on 29 June.

    Read more

  • Costa Rica: Inflation dips in May

    June 8, 2018

    Consumer prices fell 0.11% in May compared to the previous month, down from the 0.08% decrease recorded in April.

    Read more

  • Costa Rica: Economic activity decelerates in March

    May 11, 2018

    In March, annual growth in economic activity decelerated to 3.1% from an upwardly revised 3.2% expansion in February (previously reported: +3.0% year-on-year), according to the monthly index of economic activity (IMAE, Indice Mensual de Actividad Económica) published by the Central Bank of Costa Rica (BCCR). March’s slowdown in growth came amid a year-on-year contraction in the mining and quarrying sector and a stagnant construction sector.

    Read more

More news

Search form