Costa Rica: 2.4% Inflation up to May 2019

Out of the 315 goods and services that make up the consumption basket, 52% increased in price, 36% decreased in price and 12% showed no variation.

Friday, July 5, 2019

Of the 315 goods and services that make up the consumption basket, 52 % increased in price, 36 % decreased in price and 12 % showed no variation, informed the National Institute of Statistics and Censuses (INEC).

The INEC report states that "... The groups with greater contribution to the variation of the CPI in June are..: Food and non-alcoholic beverages and Diverse goods and services.

During June, the goods and services that showed the greatest positive effect were: financial services, watermelon and coriander. On the other hand, automobiles, tourist packages and avocados were among the main ones with the greatest negative effect.

In June of the last ten years, the highest year on year variation was presented in 2010 with 6.31%, while in 2016 the only negative year on year variation was registered (-0.88%).
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More on this topic

Inflation Keeps Rising in Costa Rica

June 2019

After the year-on-year variation of the Consumer Price Index between January and March of this year will range between 1.4% and 1.7%, and during April inflation was 2.1%, in May the inflationary rhythm rose to 2.3%.

The groups with the greatest contribution to the variation of the CPI in May were: Transport and Entertainment and culture, explains the report of the National Institute of Statistics and Censuses (INEC).

Inflation Rises in Costa Rica

May 2019

After the year-on-year change in the Consumer Price Index (CPI) between January and March this year ranged from 1.4% to 1.7%, inflation rose to 2.1% in April.

The groups with the greatest contribution to the variation of the Consumer Price Index (CPI) in April are: The National Institute of Statistics and Censuses (INEC) reported that transport, rent and housing services were the main contributors to the change in the Consumer Price Index (CPI) in April.

Costa Rica: Lower Inflation During February

March 2019

In the second month of the year, the year-on-year change in the Consumer Price Index was 1.5%, below the 2.2% increase recorded in February 2018.

During February, the goods and services with the greatest positive effect were: automobile, primary education and junior high school.

Costa Rica: Year-on-Year Inflation up to May 2018 is 2%

June 2018

In May, the CPI registered a negative monthly variation of 0.11%, mainly explained by the prices of the Transport sector, and Food and non-alcoholic beverages.

From a report by the National Institute of Statistics and Census of Costa Rica:

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