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 August 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.

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Costa Rica Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.97 1.34 108.89 -1.20 1977 - 2021 percent Monthly
2020M12=100


Calendar GMT Actual Previous Consensus TEForecast
2021-04-09 04:40 PM Mar 0.47% 0.41% 0.6%
2021-05-13 09:00 PM Apr 1.21% 0.47% 0.6%
2021-06-07 10:00 PM May 1.34% 1.21%
2021-07-08 06:00 PM Jun 1.97% 1.34% 1.6%
2021-08-06 10:00 PM Jul 1.97% 1.5%
2021-09-07 04:00 PM Aug 1.8%
2021-10-07 02:30 PM Sep
2021-11-05 05:00 PM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Costa Rica Inflation Rate Picks Up to 20-Month High of 2%
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.
2021-07-08
Costa Rica Inflation Jumps in May to 14-Month High
Costa Rica's annual inflation surged to 1.34 percent in May of 2021 from 1.21 percent in the previous month. Prices advanced faster for food & non-alcoholic beverages (0.95 percent vs 0.65 percent in April) and transport (11.11 percent vs 9.77 percent) while they dropped at a softer pace for housing & utilities (-1.04 percent vs -1.47 percent). On a monthly basis, consumer prices dropped 0.01 percent, after a 0.29 percent gain in the previous month.
2021-06-07
Costa Rica Inflation Soars in April to 13-Month High
Costa Rica's annual consumer price inflation rose to 1.12 percent in April of 2021 from 0.47 percent in the previous month. Prices advanced faster for food & non-alcoholic beverages (0.65 percent vs 0.47 percent in March), transport (9.77 percent vs 5.88 percent) and furniture & household equipment (1.16 percent vs 0.77 percent). Also, housing & utilities prices dropped at a softer pace (-1.47 percent vs -1.84 percent). On a monthly basis, consumer prices went up 0.29 percent, after a 0.03 percent gain in the previous month.
2021-05-13
Costa Rica Inflation Rate Rises to 0.47% in March
Costa Rica's annual consumer price inflation rose to 0.47 percent in March of 2021 from 0.41 percent in the previous month. Cost advanced faster for transport (5.88 percent vs 2.56 percent in February) and healthcare (0.73 percent vs 0.61 percent) while inflation softened for food & non-alcoholic beverages (0.47 percent vs 2.65 percent). Also, prices fell at a softer pace for housing & utilities (-1.84 percent vs -2.03 percent), clothing & footwear (-2.31 percent vs -2.75 percent) and education (-3.53 percent vs -3.63 percent). On a monthly basis, consumer prices rebounded marginally by 0.03 percent, after a 0.26 drop in the previous month.
2021-04-09

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.