Costa Rica: Decline in consumer prices softens in March
Latest reading: Consumer prices declined 2.1% in annual terms in March, following a 2.7% fall in the previous month.
Relative to the prior month’s figures, price pressures were higher for food and non-alcoholic beverages in March (-6.5% in annual terms vs -8.3% in February). In contrast, there were reduced price pressures for transportation (-4.4% vs -3.6% in February) and housing (-1.4% vs -0.4% in February).
Lastly, consumer prices were up 0.34% in March in month-on-month terms, following a 0.22% decline in the prior month.