Inflation Rate in Costa Rica decreased to -0.94 percent in August from -0.61 percent in July of 2025. Inflation Rate in Costa Rica averaged 12.61 percent from 1977 until 2025, reaching an all time high of 108.89 percent in September of 1982 and a record low of -3.28 percent in August of 2023. source: Instituto Nacional de Estadística y Censos de Costa Rica

Inflation Rate in Costa Rica is expected to be 1.50 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 3.50 percent in 2026 and 3.80 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-08-07 04:30 PM
Inflation Rate YoY
Jul -0.61% -0.22% 0.3%
2025-09-05 04:30 PM
Inflation Rate YoY
Aug -0.94% -0.61% 0.7%
2025-10-07 04:30 PM
Inflation Rate YoY
Sep 1.5%


Related Last Previous Unit Reference
CPI Housing Utilities 110.54 110.58 points Jul 2025
CPI Transportation 106.69 107.32 points Jul 2025
Food Inflation -0.13 1.56 percent Jul 2025
Inflation Rate YoY -0.94 -0.61 percent Aug 2025
Inflation Rate MoM -0.21 0.52 percent Aug 2025

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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.94 -0.61 108.89 -3.28 1977 - 2025 percent Monthly
2020M12=100

News Stream
Costa Rica CPI Declines in July
Costa Rica registered a 0.61% annual deflation rate in July 2025, accelerating from the 0.22% decline observed in June and marking the sharpest drop in prices since October 2024. Prices fell in six of the thirteen main categories, with transportation (-4.96%), information and communication (-4.11%), and clothing and footwear (-1.68%) posting the largest decreases. Declines were also seen in food and non-alcoholic beverages (-0.13%), alcoholic beverages and tobacco (-0.57%), and furniture and household goods and services (-1.17%). In contrast, inflation was recorded in education (3.59%), restaurants and lodging (0.98%), and diverse goods and services (1.85%). On a monthly basis, consumer prices rose by 0.52%, rebounding from a nearly flat reading in the prior month.
2025-08-07
Costa Rica Deflation Accelerates in June
Costa Rica’s annual deflation rate deepened to 0.22% in June 2025, from 0.12% in May, marking the sharpest price drop since October 2024. Prices declined in six of thirteen product categories, with transportation (-5.02% vs -3.63%), communications (-4.03% vs -3.75%), and furniture, appliances and services (-1.14% vs -0.80%) posting the steepest deflation. In contrast, inflation persisted in education (3.63% vs 3.4%), food (1.56% vs 0.9%), and rent and utilities (1.54% vs 1.6%). On a monthly basis, consumer prices were nearly flat, inching up 0.04%.
2025-07-07
Costa Rica Inflation Rate Swings to Deflation
The annual inflation rate in Costa Rica deflated by 0.12% in May 2025, down from a 0.37% increase in the previous month, marking the lowest level since November 2024. Prices fell at a faster pace in transportation (-3.63% vs. -2.34% in April), communications (-3.75% vs. -3.73%) and furniture, appliances and services (-0.80% vs. -0.72%), while the price increases slowed for food away from home and accommodation services (1.38% vs. 1.75%) and restaurants and accommodation (1.60% vs. 2.07%). On the other hand, the largest increases were observed in education (3.40% vs. 3.27%), while alcoholic beverages and tobacco (-0.63% vs. -0.86%) and clothing and footwear (-1.97% vs. -2.36%) showed slower price increases. Prices rose in seven of the thirteen main product categories. On a monthly basis, consumer prices fell by 0.40%.
2025-06-06