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. source: Instituto Nacional de Estadística y Censos de Costa Rica
Inflation Rate in Costa Rica averaged 13.63 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 May of 2021.
Inflation Rate in Costa Rica is expected to be 0.80 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 1.20 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.