Inflationary Rhythm Decelerated in Costa Rica

After the Consumer Price Index reported a 2.03% year-on-year variation at the end of 2018, in December 2019 the inflationary rhythm dropped to 1.52%.

Thursday, January 9, 2020

The groups with greater contribution to the variation of the CPI in December 2019 were: Food and non-alcoholic beverages and Transportation, reported the National Institute of Statistics and Census (INEC).

The report explains that "... Of the 315 goods and services that make up the consumer basket, 44% decreased in price, 46% increased in price and 10% showed no variation.

During December, the goods and services that showed the greatest negative effect were: automobiles, onions and airplane tickets. On the other hand, accommodation services, fruit juices and shampoo were among the main ones with the greatest positive effect.

In the last ten years, the highest annual variation was in 2010 with 5.82%, while in 2015 the only negative annual variation was registered (-0.81%).
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See full report (in Spanish).

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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.

Costa Rica: YoY Inflation up to November 2017 is 2.5%

December 2017

In November, the consumer price index varied by 0.16%, mainly explained by the prices of food and non-alcoholic beverages, and transportation.

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

Of the 315 goods and services that make up the consumer basket, 48% increased in price, 40% decreased in price and 12% did not change. [GRAFICA caption = "Click to interact with graphics"]

Costa Rica: 0.91% YoY Inflation up to August 2017

September 2017

In August the consumer price index fell by 0.22%, with accumulated inflation in the year standing at 1.11% and year-on-year inflation at 0.91%.

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

The groups with the highest contribution to the variation of the CPI in August were: Food and non-alcoholic drinks and Meals outside the home and accommodation services.

Costa Rica: Annual Inflation to February 2017 is 1.09%

March 2017

The consumer price index showed a monthly variation of 0.40% and an accumulated inflation of 0.97% so far this year.

The groups with the greatest contribution to the CPI in February 2017 were Transportation and Education.  [GRAFICA caption = "Click to interact with graphics"]

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