Costa Rica Inflation November 2016

Costa Rica

Costa Rica: Inflation stabilizes in November

December 8, 2016

Consumer prices were flat in November, after dropping 0.12% in October. According to the Statistical Institute, the result reflected higher prices in several categories, especially the food and non-alcoholic beverages category, which offset lower prices in transport.

Inflation remained stable at October’s 0.6% in November. Moreover, the annual average variation in consumer prices recorded a slight increase in November, inching up from a 0.3% drop in October to a 0.2% decrease.

FocusEconomics panelists see inflation ending 2016 at 0.9%, which is down 0.3 percentage points from last month's forecast. In 2017, the panel sees year-end inflation at 2.8%, which is unchanged from last month’s forecast.


Author:, Economist

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Costa Rica Inflation November 2016 0

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


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