The annual inflation rate in Costa Rica dropped to 1.86 percent in October of 2018 from 2.21 percent in the previous month. It was the softest inflation rate since September last year, mainly due to slowing prices for food & non-alcoholic beverages (1.12% vs 1.89% in September) and housing (1.88% vs 4.97%). Also, cost eased for restaurants & hotels (1.11% vs 1.30%) and miscellaneous goods & services (0.28% vs 0.48%) while it declined further for clothing & footwear (-4.12% vs -4.09%). In contrast, cost surged for transport (7.52% vs 5.98%); furniture and household equipment (1.85% vs 1.71%) and recreation & culture (0.90% vs 0.13%). On a monthly basis, consumer prices inched up 0.37 percent, following a 0.22 percent increase in September. Inflation Rate in Costa Rica averaged 14.34 percent from 1977 until 2018, 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.

Costa Rica Inflation Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-07 04:00 PM Inflation Rate YoY 2.24% 2.08% 2.10%
2018-10-05 04:00 PM Inflation Rate YoY 2.21% 2.24% 2.4%
2018-11-07 04:25 PM Inflation Rate YoY 1.86% 2.21% 2.4%
2018-12-07 04:30 PM Inflation Rate YoY 1.86% 2.0%


Costa Rica Prices Last Previous Highest Lowest Unit
Inflation Rate 1.86 2.21 108.89 -1.20 percent [+]
Consumer Price Index CPI 103.86 103.48 103.86 0.50 Index Points [+]
Producer Prices 114.50 113.88 373.75 56.31 Index Points [+]
Inflation Expectations 3.55 3.50 12.92 3.21 percent [+]
Inflation Rate Mom 0.37 0.22 10.73 -1.70 percent [+]
Food Inflation 1.12 1.89 27.74 -2.30 percent [+]
Cpi Housing Utilities 106.04 106.19 106.19 49.12 Index Points [+]
CPI Transportation 107.41 104.95 107.41 64.82 Index Points [+]


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. This page provides - Costa Rica Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Costa Rica Inflation Rate - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.86 2.21 108.89 -1.20 1977 - 2018 percent Monthly
2015=100




Country Last
Argentina 40.30 Sep/18
Australia 1.90 Sep/18
Brazil 4.56 Oct/18
Canada 2.20 Sep/18
China 2.50 Oct/18
Euro Area 2.20 Oct/18
France 2.20 Oct/18
Germany 2.50 Oct/18
India 3.31 Oct/18
Indonesia 3.16 Oct/18
Italy 1.60 Oct/18
Japan 1.20 Sep/18
Mexico 4.90 Oct/18
Netherlands 2.10 Oct/18
Russia 3.50 Oct/18
Saudi Arabia 2.10 Sep/18
Singapore 0.70 Sep/18
South Africa 4.90 Sep/18
South Korea 2.00 Oct/18
Spain 2.30 Oct/18
Switzerland 1.10 Oct/18
Turkey 25.24 Oct/18
United Kingdom 2.40 Oct/18
United States 2.50 Oct/18


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