Inflation in Costa Rica
Costa Rica - Inflation
Inflation accelerates in November
Consumer prices rose 0.42% in November compared to the previous month, up from the 0.37% increase in October. According to the National Institute of Statistics and Census (INEC), November’s price rise came primarily on the back of more expensive transport, and food and non-alcoholic beverages.
Inflation accelerated to 2.3% in November, up from 2.0% in October and remaining within the Central Bank’s 2.0%–4.0% target range. Annual average inflation was unchanged in November at 2.3%.
FocusEconomics Consensus Forecast panelists expect inflation to end 2019 at 3.3%, which is unchanged from last month's forecast. In 2020, the panel sees inflation ending the year at 3.4%.
Costa Rica - Inflation Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Inflation Rate (CPI, annual variation in %) | 5.2 | 4.5 | 0.8 | 0.0 | 1.6 |
Costa Rica Inflation Chart
Source: Costa Rica Central Bank and FocusEconomics calculations.
Costa Rica Facts
| Value | Change | Date | |
|---|---|---|---|
| Exchange Rate | 597.3 | -0.57 % | Dec 12 |
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Economic News
Costa Rica: Inflation accelerates in November
December 7, 2018
Consumer prices rose 0.42% in November compared to the previous month, up from the 0.37% increase in October.
Costa Rica: Economic activity growth slows in September
November 9, 2018
Annual working-day adjusted growth in economic activity slowed to 2.5% in September from 2.8% in August.
Costa Rica: Inflation ticks down in October
November 7, 2018
Consumer prices rose 0.37% in October compared to the previous month, up from the 0.22% increase in September.
Costa Rica: Economic activity growth creeps up in August
October 11, 2018
In August, annual growth in economic activity inched up to 3.8% from 3.7% in July.
Costa Rica: Inflation is steady in September
October 5, 2018
Consumer prices rose 0.22% in September compared to the previous month, marking a contrast with the 0.07% fall logged in August.
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