The annual inflation rate in Costa Rica increased to 2.07 percent in April 2019 from 1.42 percent in March. Prices rose further for transportation (4.7 percent from 2.9 percent in March); housing and utilities (3.3 percent from 1.7 percent); hotels and restaurants (2.3 percent from 1.9 percent); recreation and culture (3.1 percent from 2.7 percent); miscellaneous good and services (2.0 percent from 1.7 percent); and health (3.6 percent from 3.0 percent). Also, cost of food and non-alcoholic beverages fell less (-0.4 percent from -1.0 percent). On the other hand, prices eased for alcoholic beverages (4.1 percent from 6.0 percent) and inflation was steady for education (at 3.4 percent, the same as in March). Additionally, cost of communication declined at a faster pace (-0.6 percent from -0.5 percent). On a monthly basis, consumer prices went up 0.56 percent, after decreasing 0.14 percent in the prior month. Inflation Rate in Costa Rica averaged 14.19 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 2.70 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 3.10 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.

Costa Rica Inflation Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-02-07 04:15 PM Inflation Rate YoY 1.67% 2.03% 1.9%
2019-03-07 04:30 PM Inflation Rate YoY 1.54% 1.67% 1.5%
2019-04-05 05:00 PM Inflation Rate YoY 1.42% 1.54% 1.4%
2019-05-08 04:30 PM Inflation Rate YoY 2.07% 1.42% 1.5%
2019-06-07 04:35 PM Inflation Rate YoY 2.07% 2.4%
2019-07-05 04:40 PM Inflation Rate YoY 2.7%
2019-08-08 03:45 PM Inflation Rate YoY


Costa Rica Prices Last Previous Highest Lowest Unit
Inflation Rate 2.07 1.42 108.89 -1.20 percent [+]
Consumer Price Index CPI 105.10 104.51 105.10 0.50 Index Points [+]
Producer Prices 117.03 116.84 373.75 56.31 Index Points [+]
Inflation Expectations 3.70 4.20 12.92 3.21 percent [+]
Inflation Rate Mom 0.56 -0.14 10.73 -1.70 percent [+]
Food Inflation -0.36 -1.03 27.74 -2.30 percent [+]
Cpi Housing Utilities 108.96 107.01 108.96 49.12 Index Points [+]
CPI Transportation 106.41 104.67 108.51 64.82 Index Points [+]


Costa Rica Inflation Rate

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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.07 1.42 108.89 -1.20 1977 - 2019 percent Monthly
2015=100




Country Last Previous
Argentina 55.80 Apr/19
Australia 1.30 Mar/19
Brazil 4.94 Apr/19
Canada 2.00 Apr/19
China 2.50 Apr/19
Euro Area 1.70 Apr/19
France 1.30 Apr/19
Germany 2.00 Apr/19
India 2.92 Apr/19
Indonesia 2.83 Apr/19
Italy 1.10 Apr/19
Japan 0.90 Apr/19
Mexico 4.41 Apr/19
Netherlands 2.90 Apr/19
Russia 5.20 Apr/19
Saudi Arabia -1.90 Apr/19
Singapore 0.80 Apr/19
South Africa 4.40 Apr/19
South Korea 0.60 Apr/19
Spain 1.50 Apr/19
Switzerland 0.70 Apr/19
Turkey 19.50 Apr/19
United Kingdom 2.10 Apr/19
United States 2.00 Apr/19


Related

Latest