Inflation in Costa Rica

Costa Rica Inflation | Economic News & Forecasts

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  

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Costa Rica Inflation Chart

Costa Rica Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: Costa Rica Central Bank and FocusEconomics calculations.

Costa Rica Facts

Exchange Rate597.3-0.57 %Dec 12

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