Costa Rica's annual consumer price inflation picked up to 2 percent in June of 2021 from 1.3 percent in the previous month, the highest since October 2019. Prices accelerated faster for food & non-alcoholic beverages (2 percent vs 1.0 percent in May), transports (12.2 percent vs 11.1 percent) and furnishings (1.6 percent vs 1.1 percent). On the other hand, cost fell further further for housing & utilities (-1.2 percent vs -1.0 percent) and education (-4.2 percent vs -4.0 percent). On a monthly basis, consumer prices inched up 0.54 percent, after a 0.01 percent drop in the previous month. source: Instituto Nacional de Estadística y Censos de Costa Rica
Inflation Rate in Costa Rica averaged 13.56 percent from 1977 until 2021, 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. This page provides - Costa Rica Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Inflation Rate in Costa Rica is expected to be 1.70 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 2.60 in 12 months time. In the long-term, the Costa Rica Inflation Rate is projected to trend around 2.00 percent in 2022, according to our econometric models.