Costa Rica Inflation August 2021

Costa Rica

Costa Rica: Inflation picks up in August

September 9, 2021

Consumer prices increased 0.28% in August over the previous month, contrasting the 0.21% fall seen in July. The reading was driven by rising prices for food and non-alcoholic beverages and transportation.

Meanwhile, inflation came in at 1.7% in August, up from July’s 1.4%. As such, annual average inflation ticked up to 1.0% in August (July: 0.8%).

FocusEconomics Consensus Forecast panelists expect inflation to end 2021 at 2.0%, which is down 0.1 percentage points from last month's forecast, and 2022 at 2.4%.


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Costa Rica Inflation August 2021

Note: Annual and monthly variation of consumer price index in %.
Source: National Institute of Statistics and Census (INEC).


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