Consumer prices in Costa Rica eased by 0.17% from the previous year in August of 2026, marking the softest deflation rate since the ongoing deflationary trend started in May of 2025 at -0.12%. The slowdown in the decline in prices took place despite a second consecutive monthly drop in the CPI (-0.11% vs -0.47% in July). Prices fell for transportation (-1.06%), contrary to global trends, as other Latin American economies are exposed to soaring fuel prices to a more immediate impact. In turn, prices soared for food and non-alcoholic beverages (1.01%). source: Instituto Nacional de Estadística y Censos de Costa Rica

Inflation Rate in Costa Rica decreased by 0.17 percent in August from -0.28 percent in July of 2026. Inflation Rate in Costa Rica averaged 12.33 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 September of 2026.

Inflation Rate in Costa Rica decreased by 0.17 percent in August from -0.28 percent in July of 2026. Inflation Rate in Costa Rica is expected to be 0.50 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 2.20 percent in 2027 and 3.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-07 04:00 PM
Inflation Rate YoY
Jul -0.28% -0.32% 0.1%
2026-09-07 04:00 PM
Inflation Rate YoY
Aug -0.17% -0.28% 0.1%
2026-10-07 04:00 PM
Inflation Rate YoY
Sep -0.17% 0.5%


Related Last Previous Unit Reference
Consumer Price Index CPI 99.42 99.53 points Aug 2026
CPI Clothing 98.95 99.44 points Aug 2026
CPI Education 100.16 100.14 points Aug 2026
CPI Food 100.22 99.22 points Aug 2026
CPI Health 99.90 100.11 points Aug 2026
CPI Housing Utilities 100.03 100.16 points Aug 2026
CPI Recreation and Culture 98.05 98.50 points Aug 2026
CPI Restaurants and Hotels 100.00 100.01 points Aug 2026
CPI Transportation 98.06 99.11 points Aug 2026
Food Inflation -1.95 -3.35 percent Aug 2026
Inflation Rate YoY -0.17 -0.28 percent Aug 2026
Inflation Rate MoM -0.11 -0.47 percent Aug 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
-0.17 -0.28 108.89 -3.28 1977 - 2026 percent Monthly
2026M6=100

News Stream
Costa Rica Holds Deflationary Trend
Consumer prices in Costa Rica eased by 0.17% from the previous year in August of 2026, marking the softest deflation rate since the ongoing deflationary trend started in May of 2025 at -0.12%. The slowdown in the decline in prices took place despite a second consecutive monthly drop in the CPI (-0.11% vs -0.47% in July). Prices fell for transportation (-1.06%), contrary to global trends, as other Latin American economies are exposed to soaring fuel prices to a more immediate impact. In turn, prices soared for food and non-alcoholic beverages (1.01%).
2026-09-07
Costa Rica Extends Deflation in June
Costa Rica's consumer prices fell 0.32% year-on-year in June 2026 after declining 0.97% in May, extending the country's deflationary trend. The largest price declines were recorded in food and non-alcoholic beverages (-3.7%), clothing and footwear (-2.3%), and furniture and household services (-1.6%). Prices also fell for recreation and culture (-0.9%), housing and utilities (-0.8%), information and communication (-0.8%), and insurance and financial services (-0.5%). In contrast, transport prices rose 4.3%, while education and healthcare increased 2.7% and 1.8%, respectively. On a monthly basis, consumer prices increased 0.71% after rising 0.27% in May.
2026-07-07
Costa Rica Deflation Eases in May
Costa Rica's consumer prices fell 0.97% year-on-year in May 2026, following a 1.64% decline in April, extending the country's deflationary trend. The decrease was mainly driven by lower prices for food (-3.89%), clothing and footwear (-2.69%), housing and utilities (-1.20%), furniture and household services (-2.04%), information and communication (-0.96%), and insurance and financial services (-0.55%). Meanwhile, the largest price increases were recorded in education (2.75%), alcoholic beverages and tobacco (2.21%), and healthcare (1.72%). On a monthly basis, consumer prices rose 0.27% in May, reversing a 0.04% decline in April.
2026-06-05