Costa Rica Inflation Rate

The annual inflation rate in Costa Rica increased to 2.42 percent in June 2019, the highest since March 2018, from 2.32 percent in the previous month. Main upward pressure came from food & non-alcoholic beverages (1.51 percent vs 0.56 percent), transportation (3.69 percent vs 4.97 percent); and housing & utilities (3.05 percent vs 3.29 percent) On a monthly basis, consumer prices were up 0.27 percent after a 0.14 percent gain in May. Inflation Rate in Costa Rica averaged 14.15 percent from 1977 until 2019, reaching an all time high of 108.89 percent in September of 1982 and a record low of -1.20 percent in November of 2015.

Inflation Rate in Costa Rica is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Costa Rica to stand at 2.80 in 12 months time. In the long-term, the Costa Rica Inflation Rate is projected to trend around 3.00 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-04-05	05:00 PM	Inflation Rate YoY Mar	1.42%	1.54%	1.4%
2019-05-08	04:30 PM	Inflation Rate YoY Apr	2.07%	1.42%	1.5%
2019-06-07	07:00 PM	Inflation Rate YoY May	2.32%	2.07%	2.4%
2019-07-05	06:00 PM	Inflation Rate YoY Jun	2.42%	2.32%	2.7%
2019-08-08	03:45 PM	Inflation Rate YoY Jul		2.42%
2019-09-06	04:00 PM	Inflation Rate YoY Aug
2019-10-07	04:00 PM	Inflation Rate YoY Sep			2.9%

Costa Rica Prices	Last	Previous	Highest	Lowest	Unit
Inflation Rate	2.42	2.32	108.89	-1.20	percent	[+]
Consumer Price Index CPI	105.53	105.24	105.53	0.50	Index Points	[+]
Producer Prices	116.66	116.77	373.75	56.31	Index Points	[+]
Inflation Expectations	3.40	3.30	12.92	3.21	percent	[+]
Inflation Rate Mom	0.27	0.14	10.73	-1.70	percent	[+]
Food Inflation	1.51	0.56	27.74	-2.30	percent	[+]
Cpi Housing Utilities	108.83	108.89	108.96	49.12	Index Points	[+]
CPI Transportation	107.53	107.80	108.51	64.82	Index Points	[+]

In Costa Rica, the main components of the consumer price index are: Food and Non-Alcoholic Beverages (19 percent of the total weight); Transportation (18 percent) and Rent and Household Services (11 percent). Furniture and Household Equipment account for 9 percent; Restaurants and Hotels for 8.6 percent; Entertainment and Culture for 7 percent and Miscellaneous Goods and Services for 6 percent. Others include: Education (5.9 percent); Clothing and Footwear (5.8 percent); Health Care (5 percent); Communications (4 percent) and Alcoholic Beverages and Tobacco (1 percent). The national index has a base of 100 as of July 2006. The CPI reflects the prices and spending patterns registered in the 114 urban districts of the country. This page provides - Costa Rica Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Inflation Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.42	2.32	108.89	-1.20	1977 - 2019	percent	Monthly	2015=100

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Country	Last		Previous	Range
Argentina	55.80	Jun/19	57.3	20263 : -7	%
Australia	1.30	Mar/19	1.8	23.9 : -1.3	%
Brazil	3.37	Jun/19	4.66	6821 : 1.65	%
Canada	2.00	Jun/19	2.4	21.6 : -17.8	%
China	2.70	Jun/19	2.7	28.4 : -2.2	%
Euro Area	1.30	Jun/19	1.2	5 : -0.6	%
France	1.20	Jun/19	0.9	18.8 : -0.7	%
Germany	1.60	Jun/19	1.4	11.54 : -7.62	%
India	3.18	Jun/19	3.05	12.17 : 1.54	%
Indonesia	3.28	Jun/19	3.32	82.4 : -1.17	%
Italy	0.70	Jun/19	0.8	25.64 : -0.6	%
Japan	0.70	Jun/19	0.7	24.9 : -2.5	%
Mexico	3.95	Jun/19	4.28	180 : 2.13	%
Netherlands	2.70	Jun/19	2.4	11.19 : -1.3	%
Russia	4.70	Jun/19	5.1	2333 : 2.2	%
Saudi Arabia	-1.50	May/19	-1.9	11.1 : -2.2	%
Singapore	0.60	Jun/19	0.9	34 : -3.1	%
South Africa	4.50	May/19	4.4	20.7 : 0.2	%
South Korea	0.70	Jun/19	0.7	32.5 : 0.2	%
Spain	0.40	Jun/19	0.8	28.43 : -1.37	%
Switzerland	0.60	Jun/19	0.6	11.92 : -1.4	%
Turkey	15.72	Jun/19	18.71	139 : -4.01	%
United Kingdom	2.00	Jun/19	2	8.5 : -0.1	%
United States	1.60	Jun/19	1.8	23.7 : -15.8	%