The annual inflation rate in Costa Rica dropped by 2.73% in February 2026, the lowest level since September 2023, after a drop in consumer prices of 2.54% in January. Deflationary pressures were mainly driven by food and non-alcoholic beverages (-8.3% versus -7.85%) and transport (-3.61% versus -2.64%). Meanwhile, price declines eased for housing and utilities (-0.44% versus -0.66%), furnishings (-1.74% versus -1.87%), recreation and culture (-0.21% versus -0.28%), and communication (-0.78% versus -1.01%). Deflation for clothing and footwear stood at -2.6%. On the other hand, price growth slowed slightly for education (2.95% versus 3.01%), accelerated for health (1.57% versus 1.44%) and alcoholic beverages and tobacco (1.04% versus 0.94%), and rebounded for restaurants and hotels (0.91% versus -0.19%). On a monthly basis, consumer prices declined by 0.22%, marking the fourth consecutive year with price declines in February and easing from a decline of 0.96% in the previous month. source: Instituto Nacional de Estadística y Censos de Costa Rica

Inflation Rate in Costa Rica decreased to -2.73 percent in February from -2.54 percent in January of 2026. Inflation Rate in Costa Rica averaged 12.46 percent from 1977 until 2026, 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. 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 March of 2026.

Inflation Rate in Costa Rica decreased to -2.73 percent in February from -2.54 percent in January of 2026. Inflation Rate in Costa Rica is expected to be -2.40 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 2.20 percent in 2027 and 3.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-06 04:45 PM
Inflation Rate YoY
Jan -2.54% -0.99% -1.1%
2026-03-06 04:00 PM
Inflation Rate YoY
Feb -2.73% -2.54% -3.0%
2026-04-09 04:00 PM
Inflation Rate YoY
Mar -2.73% -2.4%


Related Last Previous Unit Reference
CPI Housing Utilities 108.18 107.73 points Feb 2026
CPI Transportation 103.90 105.20 points Feb 2026
Food Inflation -8.30 -7.86 percent Feb 2026
Inflation Rate YoY -2.73 -2.54 percent Feb 2026
Inflation Rate MoM -0.22 -0.96 percent Feb 2026


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
-2.73 -2.54 108.89 -3.28 1977 - 2026 percent Monthly
2020M12=100

News Stream
Costa Rica Inflation Rate at 2023-Lows
The annual inflation rate in Costa Rica dropped by 2.73% in February 2026, the lowest level since September 2023, after a drop in consumer prices of 2.54% in January. Deflationary pressures were mainly driven by food and non-alcoholic beverages (-8.3% versus -7.85%) and transport (-3.61% versus -2.64%). Meanwhile, price declines eased for housing and utilities (-0.44% versus -0.66%), furnishings (-1.74% versus -1.87%), recreation and culture (-0.21% versus -0.28%), and communication (-0.78% versus -1.01%). Deflation for clothing and footwear stood at -2.6%. On the other hand, price growth slowed slightly for education (2.95% versus 3.01%), accelerated for health (1.57% versus 1.44%) and alcoholic beverages and tobacco (1.04% versus 0.94%), and rebounded for restaurants and hotels (0.91% versus -0.19%). On a monthly basis, consumer prices declined by 0.22%, marking the fourth consecutive year with price declines in February and easing from a decline of 0.96% in the previous month.
2026-03-06
Costa Rica Sees Deflation in December
Costa Rica’s CPI fell 0.99% in December 2025, reversing a 0.13% increase in November. Prices declined across most categories, led by transport (-3.02%), clothing and footwear (-2.42%), furniture and household articles (-1.52%), information and communication (-1.53%), and food and non-alcoholic beverages (-0.76%). By contrast, prices rose for education (4.12%), miscellaneous goods and services (1.64%), and healthcare (1.21%). On a monthly basis, inflation eased to 0.10% from 0.47% in November.
2026-01-08
Costa Rica CPI Falls for 7th Month
Costa Rica’s consumer prices fell 0.38% year-on-year in November 2025, matching October and marking a seventh consecutive month of deflation. Declines were seen in food and non-alcoholic beverages (-0.76%), clothing and footwear (-2.42%), furniture and household items (-1.52%), transport (-3.02%), and information and communication (-1.53%). Meanwhile, notable increases were recorded in education (4.12%), diverse goods and services (1.64%), healthcare (1.21%), rent and utilities (1.13%), and recreation, sports and culture (1.12%). On a monthly basis, consumer prices rose 0.47%, accelerating from 0.19% in October.
2025-12-08