Costa Rica’s annual inflation rate edged up to 2.09 percent in September of 2021 from 1.72 percent in the previous month, the highest since September 2019. Prices accelerated for food and non-alcoholic beverages (2.7 percent vs 1.2 percent in August), furniture (2.2 percent vs 1.9 percent), and financial services (0.7 percent vs 0.6 percent). Also, cost fell less for housing and utilities (-1.7 percent vs -1.9 percent) while inflation was steady for restaurants and hotels (at 2 percent). On the other hand, prices of transportation eased (9.6 percent vs 10.9 percent). On a monthly basis, consumer prices rose 0.63 percent in September, compared to a 0.28 increase percent in August. source: Instituto Nacional de Estadística y Censos de Costa Rica
Inflation Rate in Costa Rica averaged 13.50 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 October of 2021.
Inflation Rate in Costa Rica is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Costa Rica Inflation Rate is projected to trend around 1.00 percent in 2022 and 1.50 percent in 2023, according to our econometric models.