Inflation in Costa Rica

Costa Rica Inflation (eop) | Economic News & Forecasts

Costa Rica - Inflation (end of period)

Inflation continues to climb in January

Consumer prices increased over the previous month in January, clocking in a 0.18% rise, easing from December’s 0.53% growth. The result reflected higher prices for transport, education, as well as for food and non-alcoholic beverages. The overall increase was capped by lower prices for rent and housing services.

Inflation climbed up to 1.0% in January (December: 0.9%), the highest rate since March 2020. Meanwhile, the trend was unchanged with annual average inflation coming in at December’s 0.7%.

FocusEconomics Consensus Forecast panelists expect inflation to end 2021 at 2.4%, which is down 0.1 percentage points from last month's forecast, and 2022 at 2.8%.

Costa Rica - Inflation (eop) Data

2015   2016   2017   2018   2019  
Inflation Rate (CPI, annual variation in %, eop)-0.8  0.8  2.6  2.0  1.5  

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Costa Rica Inflation (eop) Chart

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

Costa Rica Facts

Value Change Date
Exchange Rate571.0-0.57 %Jan 01

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