Inflation in Costa Rica Keeps Declining

In the third month of the year, the year-on-year variation of the Consumer Price Index was 1.4%, below the increases of 1.7% and 1.5% recorded in January and February 2019.

Friday, April 5, 2019

During March, the goods and services showing the greatest negative effect were: automobiles, airline tickets and eggs. On the other hand, beans, pizza and domestic service were among the main ones with the greatest positive effect, reported the National Institute of Statistics and Census (INEC).

The document states that "... Of the 315 goods and services that make up the consumption basket, 53% increased in price, 37% decreased in price and 10% showed no variation.

In March 2019, of the twelve groups that make up the index, four showed price decreases.

In March of the last ten years, the highest year-on-year change was in 2013 at 6.21%, while 2016 registered the only negative year-on-year change (-1.09%).
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More on this topic

Costa Rica: Inflationary Rhythm Slows Down

October 2019

In September, the Consumer Price Index reported a 2.5% year-on-year variation, down from 2.9% in August.

Of the 315 goods and services that make up the consumption basket, 50% increase in price, 39% decreased in price and 11% showed no variation, reported the National Institute of Statistics and Censuses.

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: 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: