Costa Rica: Inflation increases in October
November 5, 2021
Consumer prices rose 0.49% in October over the previous month, moderating from September's 0.63% rise. Looking at the details of the release, housing prices swung into contraction in October compared to the previous month, while price pressures for transportation picked up pace.
Inflation came in at 2.5% in October, which was up from September’s 2.1%. October's result marked the highest inflation rate since September 2019. Lastly, annual average inflation rose to 1.3% in October (September: 1.1%).