Inflation in Costa Rica accelerated in September and is within the Central Bank’s target range

In addition, the consumer price index increased 0.63% last September with respect to the previous August, its highest monthly growth so far in 2021.

Costa Rica's, Inflation in Costa Rica accelerated in September and is within the Central Bank’s target range

RIO DE JANEIRO, BRAZIL – Inflation in September of this year got back into the Central Bank’s target range, between 2% and 4%.

According to the National Institute of Statistics and Census, this Thursday, October 7, the inter-annual result for September 2021 (the same month as the previous year) was 2.09%. This is the highest value reached in the indicator since October 2019.

Read also: Check out our coverage on Costa Rica

In addition, the consumer price index increased 0.63% last September with respect to the previous August, its highest monthly growth so far in 2021.

Costa Rica's, Inflation in Costa Rica accelerated in September and is within the Central Bank’s target range
Onions, gasoline, and potatoes were among the primary goods and services with the most significant negative effect on the monthly variation of the consumer price index (Photo internet reproduction)

The goods and services that showed the most significant positive effect on the monthly variation of the index (due to their increase and importance in the household budget) were: mobile telephony, new cars, and rice.

On the other hand, onions, gasoline, and potatoes were among the primary goods and services with the most significant adverse effect on the monthly variation of the index.

The accumulated variation for the year reached 1.47%.

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