Costa Rica: Inflation launches into the Central Bank's target range in April
May 8, 2019
Consumer prices rose 0.56% in April compared to the previous month, contrasting the 0.14% fall in March. According to the National Institute of Statistics and Census, April’s outturn came on the back of higher electricity and gasoline prices.
Inflation jumped to 2.1% in April from 1.4% in March, launching into the Central Bank’s 2.0%–4.0% target range. Annual average inflation remained unchanged from March’s 2.0% in April.
Author: Edward Gardner, Economist