Inflation Rises in Costa Rica

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.

Thursday, May 9, 2019

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.

The INEC report states that "... Of the 315 goods and services that make up the consumption basket, 47% increased in price, 42% decreased in price and 11% showed no variation.

During April, the goods and services that showed greater positive effect are: electricity service, gasoline and automobile. On the other hand, eggs, papaya and cabbage were among the main with the greatest negative effect.

In April of the last ten years, the highest year-on-year variation was presented in 2013 with 6.31%, while in 2016 the only negative year-on-year variation was registered (-0.92%).
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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).

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:

Costa Rica: Year-on-year inflation up to April 2017 is 1.64%

May 2017

The consumer price index showed a monthly variation of 0,15%, accumulating inflation so far this year of 0,70%.

The monthly report by the National Institute of Statistics and Census of Costa Rica indicates that the groups with the highest contribution to the CPI variation in April are: Transport and Food and non-alcoholic beverages. [GRAFICA caption = "Click to interact with graphics"]

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