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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